Focus Taiwan
Date: 2017/11/25
By: Liao Yu-yang and Frances Huang

Taipei, Nov. 25 (CNA) Retail sales in October set a new record for the month partly because of successful anniversary sale campaigns launched by department stores, according to the Ministry of Economic Affairs (MOEA).

The MOEA said the Mid-Autumn Festival holiday and the extended Oct. 10 National Day holiday also encouraged consumers to spend, further boosting sales in the retail sector.

Retail sales in October posted a year-on-year increase for the third consecutive month, rising 3.2 percent from a year earlier to NT$368.1 billion (US$12.27 billion), MOEA data showed.

The rate in growth in October was lower, however, than the 3.4 percent rise seen in September and the 4.3 percent rise seen in August, according to the data.
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