empty
 
 

2020.01.1007:11:00UTC+00Singapore Retail Sales Decline Slows In November

Singapore retail sales decline slowed November, but remained strong led by a steep fall in automobile sales, data from the Department of Statistics showed on Friday.

Retail sales declined 4.0 percent year-on-year in November, following a 4.4 percent fall in October. Economists had expected a 4.4 percent decrease.

Motor vehicle sales decreased 22.4 percent, after a 22.8 percent drop in October.

Excluding motor vehicles, retail sales declined 0.6 percent, following a 0.7 percent fall.

Sales of furniture and household equipment, and those at department stores fell by 10.9 percent 8.4 percent, respectively, in November.

On a monthly basis, retail sales edged up 0.2 percent in November, reversing a 2.4 percent fall in October.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback