Singapore’s retail sales up 7.5 percent in October
Singapore’s retail sales in October rose by 7.5 percent annually after registering a 6.8 percent increase in September, reported the Department of Statistics Singapore (DOS) on December 3.
Hanoi (VNA) – Singapore’sretail sales in October rose by 7.5 percent annually after registering a 6.8percent increase in September, reported the Department of Statistics Singapore (DOS) on December3.
The DOS attributed the result to new product launches that boostedmobile phone sales.
Retailsales♊ came to 3.6 ♊billion SGD (2.63 billion USD) in all, with online salesmaking up 15.2 percent compared to 15.1 percent in September.
However,the DOS noted that the value remained below pre-pandemic levels.
Food and beverage servicessaw sales in October slip by 4.5 percent year-on-year and 5 percent on aseasonally adjusted and monthl♌y basis, as restaurants faced tighter dine-in restrictions./.
Singapore’s retail sales in July fell by 8.5 percent year-on-year, an improvement from June’s 27.7 percent plunge, according to the Department of Statistics (SingStat).
The Singapore Department of Statistics (SingStat) announced on October 5 that the country’s retail sales in August dropped 5.7 percent year-on-year, an improvement from the 8.5 percent decline recorded in July.
Retail sales in Singapore fell by 10.8 percent year-on-year in September, a steeper decline compared to the 5.4 percent drop in August, according to the country's Department of Statistics (SingStat).
Singapore's retail sales surged 79.7 percent year-on-year in May from 54 percent year-on-year increase recorded in April, according to the Department of Statistics (DOS).
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Illustrative image (Photo: Straitstimes) 
