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May retail sales down 6% on car weakness

Sales up 5.2% from April but weakness expected to persist
Wednesday, July 16, 2014 - 06:00

[SINGAPORE] Retail sales for May dropped 6 per cent year on year, dragged down by sales of motor vehicles, but were 5.2 per cent higher month on month on the back of stronger vehicles sales.

According to data released by the Department of Statistics (DOS) yesterday, retail sales inched up