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Singapore: Retail sales up 0.9% on-year in June, boosted by vehicle sales

  • Aug 15, 2016

Singapore: Retail sales up 0.9% on-year in June, boosted by vehicle sales

Singapore new 1Monday, 15 August 2016 – Retail sales in Singapore rose 0.9 per cent in June compared with the previous year, mainly due to a jump in sales of motor vehicles, the Department of Statistics (SingStat) said on Monday (Aug 15).

However, excluding motor vehicles, retail sales dipped 3.0 per cent compared with the same period a year ago.

On a month-on-month basis, retail sales were down 1.5 per cent in June. Excluding motor vehicles, retail sales dropped 3.7 per cent.

The total retail sales value in Juune was estimated at S$3.6 billion, similar to a year ago. Read More?