花旗：台湾零售业3.9

Taiwan Retailing－February Sales Check: Spring is coming?

9 March 2007 | 4 pages

Solid 2M07 sales — February sales of major retailers in Taiwan all posted robust
yoy growth, thanks to the delayed Chinese New Year vacation. Total sales of the
first two months also suggested a solid picture, with most retailers reported
positive yoy performance. The numbers along with rising consumer confidence
eased our earlier concern that the domestic consumption may decline further
from the low base last year, and a recovery is still possible in mid 2007.