Car sales drive down August retail figures
Excluding motor vehicle sales, which plunged 41.5%, sales edged up 1.4%
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
RETAIL sales slipped 7.8 per cent year on year in August as sales of motor vehicles took a nose dive, according to data released by the Department of Statistics (DOS) yesterday.
Excluding motor vehicles - which saw receipts drop 41.5 per cent from the corresponding month a year earlier - sales for August edged up 1.4 per cent.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
