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Singapore's retail sales tracking leaves an undesirable discount

Current DOS retail sales index doesn't capture data from non-ACRA-registered companies and overseas online purchases

Published Thu, Sep 24, 2015 · 09:50 PM

Singapore

THE tracking of retail sales in Singapore could be making a major discount: that of the growing volume of overseas online purchases by Singaporeans.

For data trackers, this suggests a significant gap in measuring consumer spending here.

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Economy & Policy