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
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Japan stocks look set for new highs in 2025 on earnings, reform
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant