Jun 29, 2024, 12:06:45 AM
JPES says data shows retail sales increasing in Brunei, indicating rising domestic demand
https://www.reddit.com/r/nasikatok/comments/1dqy6od/jpes_says_data_shows_retail_...↳
4
I find this bit the most interesting, people eating out less?
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>For sales of food and beverage services, a decrease of 2.2 per cent was recorded compared to the first quarter 2023, with sales revenue decreasing from 110.1 million to 107.7 million. In terms of volume, food and beverages activity also recorded a negative growth of 2.8 per cent indicating a decrease in domestic demand.
JanKoPaloi
4
I still wonder if the royal wedding was one if not the main contributor of the retail sales increases in dec 2023 and Q1 2024. After all, we know they have money since they can afford 300 - 500 million euro residence in Italy. The extra 10 - 100 million spent in Brunei for flowers, door gifts, etc. etc. for the wedding would be like peanuts to them.
Eltynov
4
In my memory, public servants are not allowed to travel without extra hurdles, which helped local business. Wait for the same report for period of second quarter
Imaginefail
3
The data from miri participants?
AutomaticSyrup89
2
Others are checking this out too! ⤵︎
I found the information below and here's a summary
Did you know that despite rising retail sales in Brunei, people are actually dining out less? It's a twist in the tale of consumer behavior! Who knew that while shopping is booming, our dining tables might be a bit emptier?
Others are checking this out too! ⤵︎