Singapore retail sales leap 6.5% in November, thanks to car sales
But month-on-month momentum weakened for a second straight month, by 0.7%
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Singapore
SINGAPORE'S retail sales jumped 6.5 per cent year-on-year in November 2014, but only due to a large spike in car sales. The month-on-month momentum painted a less encouraging picture of private consumption too (see infographic).
Retailers raked in an estimated total of S$3.2 billion in sales in November 2014, up from S$3 billion a year earlier.
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