Singapore’s retail sales up 7.5 percent in October
Singapore’s retail sales in October rose by 7.5 percent annually after registering a 6.8 percent increase in September, reported the Department of Statistics Singapore (DOS) on December 3.
Hanoi (VNA) – Singapore’sretail sales in October rose by 7.5 percent annually after registering a 6.8percent increase in September, reported the Department of Statistics Singapore (DOS) on December3.
The DOS attributed the result to new product launches that boostedmobile phone sales.
෴ Retailsales came to 3.6 billion SGD (2.63 billion USD) in all, with online salesmaking up 15.2 percent compared to 15.1 percent in September.
However,the DOS noted that the value remained below pre-pandemic levels.
🌳 Food and beverage servicessaw sales in October slip by 4.5 percent year-on-year and 5 percent on aseasonally adjusted and monthly basis, as restaurants faced tighter dine-in restrictions./.
Singapore’s retail sales in July fell by 8.5 percent year-on-year, an improvement from June’s 27.7 percent plunge, according to the Department of Statistics (SingStat).
The Singapore Department of Statistics (SingStat) announced on October 5 that the country’s retail sales in August dropped 5.7 percent year-on-year, an improvement from the 8.5 percent decline recorded in July.
Retail sales in Singapore fell by 10.8 percent year-on-year in September, a steeper decline compared to the 5.4 percent drop in August, according to the country's Department of Statistics (SingStat).
Singapore's retail sales surged 79.7 percent year-on-year in May from 54 percent year-on-year increase recorded in April, according to the Department of Statistics (DOS).
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Illustrative image (Photo: Straitstimes) 
