January retail sales beat expectations with 7.5% rise
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
Boosted by car sales and pre-Chinese New Year shopping, Singapore's retail sales climbed 7.5 per cent in January - streaking past expectations for a more moderate year-on-year increase of 3.1 per cent.
Even if the surge in car sales were to be stripped out, retail sales would still have posted a rise of 1.4 per cent, said the Department of Statistics (DOS) on Tuesday.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
