Singapore Retail Sales Continue To Fall In May As Auto Sales Slump

RTTNews, 15 Jul 2010
(RTTNews) - Retail sales in Singapore continued to decline in May, albeit at a slower rate, mainly due to poor motor vehicle sales, official data showed Thursday.
Sales fell a seasonally adjusted 0.9% month-on-month in May, slower than the 2% drop recorded in April, the Singapore Department of Statistics said. Excluding motor vehicle trade, retail sales slipped just 0.1%. Full Story


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