Singapore retail sales lower than forecast
SINGAPORE: Retail sales were lower than expected in October, according to figures released by Singapore’s Department of Statistics.
Takings at the till that month were only 0.1% higher year-on-year, below the 1.5% increase forecast by analysts polled by Bloomberg and coming off the 1.9% rise in September.
Excluding motor vehicles, retail sales rose 0.5%. Car sales fell by 2% y-o-y. This retail performance was weaker than analysts had expected, with Bloomberg polls predicting a 1.5% rise.
...
The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.
Comments