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January retail sales beat expectations with 7.5% rise

Wednesday, March 16, 2016 - 05:50

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Boosted by car sales and pre-Chinese New Year shopping, Singapore's retail sales climbed 7.5 per cent in January - streaking past expectations for a more moderate year-on-year increase of 3.1 per cent.

Singapore

Boosted by car sales and pre-Chinese New Year shopping, Singapore's retail sales climbed 7.5 per cent in January - streaking past expectations for a more moderate year-on-year increase of 3.1 per cent.

Even if the surge in car sales were to be stripped out, retail sales

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