You are here

Singapore retail sales shrink 8.6% in February; F&B among hardest hit

rk_muji_030420.jpg
Singapore's retail sales continued their downward slide in February, shrinking 8.6 per cent year on year due to the decline in tourist arrivals and lower domestic consumption as a result of the deepening coronavirus pandemic, according to the Department of Statistics on Friday.

SINGAPORE'S retail sales continued their downward slide in February, shrinking 8.6 per cent year on year due to the decline in tourist arrivals and lower domestic consumption as a result of the deepening coronavirus pandemic, according to the Department of Statistics on Friday.

Excluding...

BT is now on Telegram!

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