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Despite boost from year-ago low base, retail rebound is still on shaky ground: Analysts

Annabeth Leow

Annabeth Leow

Published Fri, Jun 4, 2021 · 05:53 PM
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SINGAPORE retail sales are still below pre-pandemic levels, despite the low base effect from the year-ago circuit breaker, Department of Statistics (SingStat) data on Friday showed.

Economists are fretting over the retail recovery, especially with the stumbling block of tightened Covid-19 restrictions in May and June this year.

Retail sales rebounded 54 per cent year …

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