Purchasing power rebounded in the second half of the year, with stellar “retail equity” supporting CPALL.

Retail sharesFood positive and improved SSSG in May from product group sales related to school opening to 2.1% from 1.8% in April 2024, while CPALL stood out the most in the group. Benefiting from tourism, CPALL has achieved a SSSG of around 4.5%, resulting in a higher proportion of sales from the ready-to-eat food group, while BJC still has an SSSG of -1% and is negative for the third month. CRC (Food Business) SSSG turned slightly negative. Because of the impact of declining consumer purchasing power in Vietnam

areaRetail sharesHome repair and decoration products had a negative SSSG value for the 13th consecutive month, although they looked better than the previous month, from -4.8% in April 2024 to -3.3% in May, as they faced pressure from states that have not yet been able to quickly finance life. Rising costs have reduced purchasing power in agricultural regions. Earlier gains from demand for electrical equipment during warmer-than-usual weather began to enjoy more footing than last year.

and advance purchases during the government's Easy e-Receipt measures in the first quarter of 2024, in which most companiesRetail sharesHome repair and decoration products had a negative SSSG compared to the same period last year, DOHOME -5.5%, HomePro -5.0%, Thai Watsatu (under CRC) -2%, GLOBAL -2%, only Mega Home. (Under HMPRO) +1% by May 2024