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May retail sales down 6% on car weakness

Sales up 5.2% from April but weakness expected to persist

Nisha Ramchandani

Published Tue, Jul 15, 2014 · 10:00 PM

[SINGAPORE] Retail sales for May dropped 6 per cent year on year, dragged down by sales of motor vehicles, but were 5.2 per cent higher month on month on the back of stronger vehicles sales.

According to data released by the Department of Statistics (DOS) yesterday, retail sales inched up 0.1 per cent from May 2013 when motor vehicles sales, which sank 26.8 per cent, were stripped out.

"The higher sales of motor vehicles a year ago was partly due to the tem…