Clarification

IN our report titled "Car sales drive down August retail figures" (BT, Oct 15), we quoted Selena Ling, head of treasury research & strategy for OCBC Bank, as saying: "Retail sales rose 2.7 per cent year-on-year in 2012 and 4.5 per cent the year before, but look set to contract for 2013." The Department of Statistics has clarified that retail sales actually rose 2.3 per cent year-on-year in 2012 and 4.4 per cent the year before.