Bloomberg.com, 15 Sep 2008, Shamim Adam
Sept. 15 (Bloomberg) -- Singapore's retail sales rose at the fastest pace in more than a year in July as consumers increased purchases of vehicles and spent more at gasoline stations and department stores.
The retail sales index increased 11.8 percent from a year earlier, after dropping 3.2 percent in June, the Statistics Department said today. That was better than the median forecast for a 10 percent gain in a Bloomberg News survey of nine economists. Excluding vehicles, sales rose 9.7 percent
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