Retail sales tick up as trade-in programs continue to provide much-needed support

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Government initiatives are stimulating consumption – but more support is needed.
Per data released by the stats bureau (NBS) on Monday, retail sales grew by 4.0% y/y during the first two months of 2025 – the fastest growth rate in 12 months.
The government’s trade-in initiative is juicing the purcha...

Retail sales tick up as trade-in programs continue to provide much-needed support

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