Taiwan’s commercial sales declined more-than-expected in April, falling for a second straight month, figures from the Ministry of Economic Affairs showed Monday.
Sales of trade and food services dropped 1.97 percent year-on-year following a 0.59 percent decline in March. Economists had expected a 1.4 percent fall.
Wholesale trade sales dropped 2.88 percent, dropping for a third consecutive month. Retail sales fell 0.05 percent, declining for the first time in three months. Sales in food and beverage services grew 2.50 percent after a 1.92 percent rise in the previous month.
Month-on-month, commercial sales decreased 0.91 percent.
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