Singapore retail sales down 6.5% in August

Published Fri, Oct 14, 2016 · 05:02 AM

RETAIL sales in Singapore excluding vehicles tumbled 6.5 per cent in August from the previous year, figures from the Department of Statistics showed on Friday.

Including cars, the drop was less sharp at one per cent down year-on-year.

The value of food and beverage services forked out by consumers also fell 2.5 per cent from the preceding year.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Economy & Policy

Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low
8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey
Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF
Daily Debrief: What Happened Today (Apr 23)
Daily Debrief: What Happened Today (Apr 22)
Global wave of consultancy layoffs has not hit Singapore

Purchase this article

Singapore

Singapore retail sales down 6.5% in August

Economy & Policy

Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low

8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey

Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF

Daily Debrief: What Happened Today (Apr 23)

Daily Debrief: What Happened Today (Apr 22)

Global wave of consultancy layoffs has not hit Singapore

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT