Macro News Flash - Retail sales slowly pick up during Tet
  • 27 Feb 2013
  • Macroeconomics
Retail sales grew 10.9% YoY in February, a rebound from the tepid 8.1% YoY growth in January, according to the GSO. The rebound is largely due to higher consumption during Tet. Adjusted for inflation, retail sales were up 3.6% YoY, better than the 1% in J