Singapore retail sales rise 6.6% in September, reversing dip in August
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SINGAPORE'S retail sales rose 6.6 per cent year on year in September 2021, reversing the fall in August, following a strong showing from the computer and telecommunications industry, going by data from the Department of Statistics Singapore (SingStat) on Friday (Nov 5).
The computer and telecommunications industry recorded higher sales of mobile phones due to new product launches. The industry grew 66.1 per cent year on year and 23.8 per cent month on month. Online sales accounted for 53.7 per cent of the industry's total sales.
Excluding motor vehicles, retail sales were up 8.3 per cent, compared to the flat growth in August 2021. Total retail sales in August had fallen 2.8 per cent.
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