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S'pore retail sales down in August

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The retail sales index excluding cars fell 6.5 per cent year-on-year, led by declines in sales of computers and telecommunications equipment, watches and jewellery, and clothes and shoes.

Singapore

IN YET another sign of economic gloom in Singapore, local retail sales for the month of August tumbled from the previous year with declines in every segment except motor vehicles, figures out Friday from the Department of Statistics (DOS) showed.

The dismal set of numbers