MOEA: Wholesale, Retail, Service Revenues Rise in March

June 29, 2006

Sales and business revenues rose across the board in March, according to figures released by the Ministry of Economic Affairs (MOEA).

In March, the wholesale, retail, and bar and restaurant industries combined showed a 5.42% over March last year. The three industries showed a 6.87% on-year rise from March 2005, with earnings totaling NTD 2.67 trillion in Q1 2006. The wholesale industry showed a 7.21% yearly increase in sales from March 2005, while the retail industry and bar and restaurant industries showed increases of 7.21% and 5.33% on last year, respectively.

Hired services totaled NTD 4.5 billion in March, an 18.11% increase over March 2005. Of all hired services, transport rentals saw the largest increase, at 28.48%. From January to March, hired services totaled NTD 13.8 billion, a 12.66% increase over the same period last year. The MOEA noted that transport services have seen rapid growth this year, totaling NTD 1.4 billion in March, a 28.48% increase over the same month last year. Also in March, hired goods totaled NTD 2.1 billion, rising 14.88% over March 2005. Machinery and equipment rental also rose 13.67% with a volume of NTD 1 billion.

Professional and technical services recorded earnings of NTD 38.9 billion in March, a 9.78% increase from March 2005. Of these services, data processing and data provision services saw the biggest increase, at 26.91%, while specialized design services increased 12.79%. From January to March, professional and technical services posted NTD 10.92 billion in earnings, an 8.99% increase over the same period last year. Of these, data processing and data provision services saw the biggest increase at 13.10% over the same period last year. Advertising also rose 10.03%.

(Central News Agency, Taipei Times)

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