China retail sales went up 6.8 percent year-on-year in the first nine months of 2023, the National Bureau of Statistics (NBS) said, coinciding with an increase in GDP, as the gradual economic recovery…
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Korea, Australia and Hong Kong retail sales lift in January
Retail sales in both South Korea and Australia lifted for the month of January, as the APAC nations saw consumers ramp up their post-Christmas spending in their respective markets during the opening m…
Hong Kong, Singapore, Korea retail sales all lift in December
Retail sales in Hong Kong, Singapore and South Korea lifted by single digits, respectively, for the month of December, as consumers in each Asian market spent more during the holiday period.…
Hong Kong retail sales fall in November
Retail sales in Hong Kong fell unexpectedly in November, as the region struggled to shrug off the ongoing effects of the pandemic and its associated restrictions, amidst a slowing global […]…
Australia retail sales surge 8 percent in December
Retail sales in December surged by more than 8 percent last month, making December one of the festive season spends on record. SEE ALSO: Australia make-up market to grow by 4.6 […]…
Japan retail sales up in November
Retail sales in Japan increased for the ninth straight month in November, on the back of the lifting of Covid-19 border controls, coinciding with the government’s domestic travel subsidy which […
Seven key Asian retail markets in 2022 and what’s ahead in 2023
Against the backdrop of an unpredictable virus and its resurging variants, retailers faced some strong economic headwinds in 2022. Despite these unprecedented times, different Retailers across Asia re…
China retail sales plunge 6 percent in November
Retail sales in China plunged during the month of November, missing industry estimates, as the nation’s zero-Covid policy hindered consumer spending nationwide. Retail sales fell by 5.9 percent in Nov…
Singapore retail sales surge in October
Singaporean retail sales rose 10.4 percent October year-on-year, according to Singapore’s Department of Statistic’s latest figures on December 5. SEE ALSO: Study shows 61 percent of Singaporean consum…
Hong Kong retail sales up in October
Hong Kong retail sales gained in value terms in October, as improved tourism from eased pandemic restrictions and the dissemination of a new batch of consumption vouchers spurred spending, according […