Economic rebound continues as restrictions ease : comparemel

Economic rebound continues as restrictions ease

With the gradual easing of COVID-19 control measures and the effects of the government’s stimulus voucher program, domestic retailers along with food and beverage businesses are expected to experience a continued rebound this quarter, the Ministry of Economic Affairs said on Friday.
“The retail industry has gradually stabilized and the consumer traffic at physical store channels has returned, leading retail sales to return to positive annual growth last month,” the ministry said in a statement.
Retail sales grew 1.3 percent year-on-year to NT$325.4 billion (US$11.7 billion) in September, following three consecutive months of annual contraction, the ministry’s data showed on Monday last

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