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Car sales expected to cushion retail sales till year-end

Motor sales rose 41.3% y-o-y in March, bumping up retail sales by 5.1%; underlying numbers still weak

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Retail sales are still moribund following the latest March data, so hopes are increasingly being pinned on car buyers propping up figures for the rest of the year.

Singapore

RETAIL sales are still moribund following the latest March data, so hopes are increasingly being pinned on car buyers propping up figures for the rest of the year.

Car sales continued to inflate the overall retail sales numbers, data released by the Department of