Singapore retail industry still in doldrums as car sales drive takings up 0.6% in August

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Excluding motor vehicle sales, retail turnover declined 1.5 per cent

SINGAPORE - Singapore retail sales eked out growth in August, with strong motor vehicle sales again coming to the rescue.

However, excluding motor vehicle sales, August’s retail turnover declined 1.5 per cent year on year, extending a 2.3 per cent drop in July. Car sales in fact have done the heavy lifting of keeping retail sales in positive territory in the last few months. August’s total retail sales value was estimated at $4.1 billion, with 12.1 per cent coming from online shopping, similar to the 11.9 per cent recorded in July.

Meanwhile, sales of food and beverage services rose 4.3 per cent year on year in August, building on the 0.2 per cent rise in July.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 8. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités