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Dec retail sales rise below economist forecasts

Data shows 2.6% rise; drag on sales may persist in Jan: CIMB

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Singapore's retail sales rose by a smaller-than-expected 2.6 per cent in December compared to a year ago. However, excluding the sales of motor vehicles, retail sales saw a 3.2 per cent decrease, said the Department of Statistics on Friday.

Singapore

SINGAPORE'S retail sales rose by a smaller-than-expected 2.6 per cent in December compared to a year ago. However, excluding the sales of motor vehicles, retail sales saw a 3.2 per cent decrease, said the Department of Statistics on Friday.

The data fell short of