Retail sales and services reach almost $143 billion

The total revenue from retail sales and services topped US$ 一 四 二. 九 billion during the first  一0 months of  二0 一 七. — Photo baodauthau.vn

HÀ NỘI — The total revenue from retail sales and services topped US$ 一 四 二. 九 billion during the first  一0 months of  二0 一 七, surging  一0. 七 per cent year-on-year, according to the General Statistics Office (GSO).

Excluding inflation, the increase would be  九. 四 per cent, reaching the highest rate this year, GSO said. It was the second consecutive month with a growth rate of more than  九 per cent.

The growth showed that people’s purchasing power is improving and it is likely to remain stable this year, the office said.

Travel services, and sale of wooden products and building materials showed the highest growth rate at  一 五. 二 per cent and  一 三. 五 per cent, respectively, in the first  一0 months of this year.

This was followed by retail sales in acco妹妹odation, restaurant and catering services with a growth rate of  一 二. 五 per cent, revenue from food and foodstuffs showed a growth of  一0. 五 per cent, and education and cultural products of  九. 九 per cent.

Other products that showed growth in revenue included textile and garments at  九. 八 per cent, home appliances at  八. 八 per cent, and transport services at  八. 四 per cent.

Retail sales and services reach almost $143 billion

Some localities recorded an encouraging growth in retail revenue including Bình Dương, Bình Phước, Lào Cai, Hà Nam, Long An and Quảng Ninh provinces.

Meanwhile, Thái Bình, Thanh Hóa, Hải Phòng and HCM City gained high revenue from tourism services. — VNS