Car sales expected to cushion retail sales till year-end

Singapore

RETAIL sales are still moribund following the latest March data, so hopes are increasingly being pinned on car buyers propping up figures for the rest of the year.

Car sales continued to inflate the overall retail sales numbers, data released by the Department of Statistics on Friday showed, even as headline figures continued to soften.

On a year-on-year basis, headline retail sales jumped 5.1 per cent.

This was boosted by a 41.3 per cent increase in ca…