Retail, services sales hit US$110 billion

According to the General Statistics Office (GSO), the retail sales of goods and services in September alone is estimated to reach 12.27 billion USD, a 0.6% growth against August.

Revenues in some sectors saw a handsome increase. Food and foodstuffs increased 15%, household appliances rose 13.2%, garments and textiles were up 10.9%, and transport services are estimated to increase 8.1%. Purchasing power was one indicator reflecting the macro-economic recoveries in the first nine months of this year. Meanwhile, according to the GSO, the consumer price index (CPI) in September continued its downward trend from August.