Retail sales dropped unexpectedly by 3.6 percent month-on-month in February at current prices, following a revised 2.5 percent drop in January, the Department of Statistics said. Economists were expecting an increase of 1.6 percent. Excluding motor vehicles, retail sales were down 0.1 percent. Full story
Singapore Retail Sales Continue To Fall In February
RTTNews, 15 Apr 2011
(RTTNews) - Singapore retail sales declined again in February due to a sharp fall in motor vehicle sales, official data showed Friday.
Retail sales dropped unexpectedly by 3.6 percent month-on-month in February at current prices, following a revised 2.5 percent drop in January, the Department of Statistics said. Economists were expecting an increase of 1.6 percent. Excluding motor vehicles, retail sales were down 0.1 percent. Full story
Retail sales dropped unexpectedly by 3.6 percent month-on-month in February at current prices, following a revised 2.5 percent drop in January, the Department of Statistics said. Economists were expecting an increase of 1.6 percent. Excluding motor vehicles, retail sales were down 0.1 percent. Full story
