Singapore retail sales rose for the fourth straight month in May, hitting $3.3 billion. The growth was also due to the low base a year ago, when most shops were shuttered due to the circuit breaker. Retail sales in May jumped almost 80% on-year, extending April’s rise of 54%. Sales of watches and jewellery increased the most, surging by more than 20 times on-year. These were followed by sales at department stores, clothing and footwear, and motor vehicles.
Subscribe to our channel here: https://cna.asia/youtubesub
Subscribe to our news service on Telegram: https://cna.asia/telegram
Follow us:
CNA: https://cna.asia
CNA Lifestyle: http://www.cnalifestyle.com
Facebook: https://www.facebook.com/channelnewsasia
Instagram: https://www.instagram.com/channelnewsasia
Twitter: https://www.twitter.com/channelnewsasia