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Dec retail sales down 5.5% on vehicle slump

This follows sharper fall of 8.7% in Nov; excluding cars, Dec sales inch up 0.3%
Saturday, February 15, 2014 - 06:00

Singapore RETAIL sales fell 5.5 per cent year-on-year in December, as sales of motor vehicles slumped, although retail sales were up from the previous month. According to data released yesterday by the Department of Statistics (DOS), the slower sales during the month came as retailers of motor

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