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SINGAPORE ECONOMY

Circuit breaker sends April retail sales into sharpest fall in 30 years

Online retail sales as a share of total retail sales at record high; supermarkets booming, but sales in discretionary items plunge

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Singapore's retail sales tumbled 40.5 per cent year on year in April - the sharpest fall in more than three decades - triggered by "circuit-breaker" measures implemented between April 7 and June 1 to contain the Covid-19 outbreak.

Singapore

SINGAPORE'S retail sales tumbled 40.5 per cent year on year in April - the sharpest fall in more than three decades - triggered by "circuit-breaker" measures implemented between April 7 and June 1 to contain the Covid-19 outbreak.

Going by Department of Statistics figures...

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