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Singapore retail sales down 6.5% in August

Friday, October 14, 2016 - 13:02
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Retail sales in Singapore excluding vehicles tumbled 6.5 per cent in August from the previous year, figures from the Department of Statistics showed on Friday.

RETAIL sales in Singapore excluding vehicles tumbled 6.5 per cent in August from the previous year, figures from the Department of Statistics showed on Friday.

Including cars, the drop was less sharp at one per cent down year-on-year.

The value of food and beverage services forked out by consumers also fell 2.5 per cent from the preceding year.

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