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January retail sales beat expectations with 7.5% rise

Published Tue, Mar 15, 2016 · 09:50 PM

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 would still have posted a rise of 1.4 per cent, said the Department of Statistics (DOS) on Tuesday.

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Singapore

January retail sales beat expectations with 7.5% rise

KEYWORDS IN THIS ARTICLE

Economy & Policy

NTUC aims to do more to support PMEs, who now account for nearly half its membership

Daily Debrief: What Happened Today (Apr 25)

Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low

8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey

Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF

Daily Debrief: What Happened Today (Apr 23)

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