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Retail sales surge 6.1% in August, again on exuberant car buying

If the 43.9% jump in car sales is excluded, retail sales would have risen by just 1.3%

Customers at the Honda showroom in Alexandra Road on July 19.


ONCE again, a huge surge in motor vehicle sales lifted Singapore's retail sales in August, far beyond the market's expectations. In year-on- year terms, retail sales grew 6.1 per cent, according to data released by the Department of Statistics on Thursday.

Excluding the...

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