Singapore Retail Sales Fall Further In February

International Business Times, 15 Apr 2009
Retail sales in Singapore declined 15.5% month-on-month in February, following a 8.3% fall in January, a report by the Department of Statistics said Wednesday. Excluding motor vehicles, sales fell 23.4%.
On a seasonally adjusted basis, retail sales grew 10.5% in February from the previous month, after falling 9.9% in the previous month. Excluding motor vehicles, retail sales dropped 3%.
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