The total revenue from retail trade and services reached approximately48.5 billion USD during the first four months of this year, the GeneralStatistics Office (GSO) said.
The figure representsa year-on-year rise of 8.8 percent, GSO said, adding that the increasewould be 8 percent if inflation was excluded.
Thetotal retail sales growth (inflation excluded) during the period wasfairly higher than what was recorded during the four months of 2014 at5.5 percent, four months of 2013 at 4.6 percent and four months of 2012at 6.6 percent, GSO noted.
GSO statistician Vu ManhHa attributed such encouraging growth to a slumping consumer price index(CPI). The average CPI growth for the first four months was 0.13percent, compared to 0.22 percent; 0.60 percent and 0.64 percent seenduring the same periods of 2014, 2013 and 2012, respectively.
From January to April, the non-State owned sector accounted for thelargest share of the nation's total retail sales revenue at 85.7percent or more than 41.57 billion USD.
Ha alsopredicted that the total revenue for retail trade and services waslikely to increase in the coming time, owing to several upcoming andlong holidays, which were expected to improve revenue earned fromtourism and services.-VNA
The figure representsa year-on-year rise of 8.8 percent, GSO said, adding that the increasewould be 8 percent if inflation was excluded.
Thetotal retail sales growth (inflation excluded) during the period wasfairly higher than what was recorded during the four months of 2014 at5.5 percent, four months of 2013 at 4.6 percent and four months of 2012at 6.6 percent, GSO noted.
GSO statistician Vu ManhHa attributed such encouraging growth to a slumping consumer price index(CPI). The average CPI growth for the first four months was 0.13percent, compared to 0.22 percent; 0.60 percent and 0.64 percent seenduring the same periods of 2014, 2013 and 2012, respectively.
From January to April, the non-State owned sector accounted for thelargest share of the nation's total retail sales revenue at 85.7percent or more than 41.57 billion USD.
Ha alsopredicted that the total revenue for retail trade and services waslikely to increase in the coming time, owing to several upcoming andlong holidays, which were expected to improve revenue earned fromtourism and services.-VNA
