Car sales drive July retail sales up by 2.8% y-o-y
Taking away the 36.5% increase in car sales, total sales fell by 3.1%
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Singapore
EASING of auto loan rules likely drove up retail sales here in July, as cash tills saw 2.8 per cent more in receipts when compared to a year ago.
However, taking away the 36.5 per cent jump in car sales, total sales saw a 3.1 per cent drop, figures released by the Department of Statistics (DOS) on Thursday showed.
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