(Source: www.businesstimes.com.sg)

SINGAPORE retail sales rose 1.9 per cent in June, compared to a year ago, the Department of Statistics said on Friday. Excluding motor vehicles, retail sales increased 4 per cent.

The total retail sales value in June 2017 was estimated at S$3.7 billion, higher than the S$3.6 billion generated in June 2016.

Retail sales of watches and jewellery increased 12 per cent in June 2017, compared to a year ago. Those of petrol service stations, department stores, furniture and household equipment, medical goods and toiletries, computer and telecommunications equipment, wearing apparel and footwear, supermarkets, recreational goods and optical goods and books rose between 0.7 per cent and 9.8 per cent over the same period.

However, retail sales of food retailers, motor vehicles and mini-marts and convenience stores fell between 1.4 per cent and 5.8 per cent compared to a year ago.

sentifi.com

Market voices on:

More Info: www.businesstimes.com.sg

Advertisements