By
Reuters
Reuters
Published
May 14, 2018
May 14, 2018
Singapore March retail sales fall 1.5 pct from year earlier
By
Reuters
Reuters
Published
May 14, 2018
May 14, 2018
Singapore’s retail sales in March fell from a year earlier, as sales of motor vehicles as well as computer and telecommunications equipment dropped, data showed on Friday.
Total retail sales fell 1.5 percent from a year earlier, after rising 8.6 percent in the previous month, according to data from the Singapore Department of Statistics.
Sales of motor vehicles fell 16.1 percent in March from a year ago, while those of computer and telecommunications equipment were down 8.0 percent.
On a month-on-month and seasonally adjusted basis, total retail sales rose 2.3 percent in March after falling a revised 1.6 percent in the previous month.
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