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September sales in Taiwan 2nd highest in history (update)

September sales in Taiwan 2nd highest in history (update)

Taipei, Oct. 24 (CNA) Sales in Taiwan's wholesale, retail and restaurant sectors rose 4.32 percent in September from a year earlier to NT$1.22 trillion (US$42.23 billion), the second highest monthly total in the country's history. The restaurant sector's revenues totaled NT$30.4 billion in September, up 10.09 percent from a year earlier, partly due to an increase in foreign tourists, in particular Japanese visitors, and an increase in the number of wedding banquets, the Ministry of Economic Affairs reported Monday. Last month, Japanese tourists arrivals to Taiwan rose 33.9 percent year-on-year to a record high of 122,908, boosting purchases in local stores, the ministry said. Retail sales rose 6.66 percent to NT$305.2 billion in September, mainly on an 11.84 percent increase in sales of cars, motorcycles and parts; an 8.83 percent increase in sales of textiles, fabrics and clothes; and an 8.56 percent increase in non-store retail sales. Wholesalers' revenues were up 3.36 percent in September to NT$889.1 billion, the highest monthly total ever in the sector. The ministry attributed September's strong performance to increases in gold trading, car and motorcycle wholesaling and food and beverage wholesaling. In September, 13,075 couples got married to take advantage of the 100th birthday of the Republic of China this year, lifting purchases of particular products. The number is expected to soar further in October, probably exceeding the 18,000 marriages in January. The overall September sales figure was the second highest in history, trailing only those posted in July 2011, when retail, wholesale and restaurant sales reached NT$1.24 trillion on booming tourism and the early celebration of Father's Day. Huang Shih-chi, director-general of the ministry's Statistics Department, said sales are expected to remain strong in October, due to anniversary sales in department stores and Double Ten National Day festivities. He predicted, however, that overall sales in the fourth quarter of this year would not be as strong as those posted in Q3 under the influence of global economic downturn. (By Yang Su-min and Deborah Kuo)


Updated : 2021-10-28 03:38 GMT+08:00