Singapore retail sales decline in April-Xinhua

Singapore retail sales decline in April

Source: Xinhua

Editor: huaxia

2024-06-05 14:58:45

SINGAPORE, June 5 (Xinhua) -- Retail sales in Singapore decreased 1.2 percent year-on-year in April, compared to a 2.8 percent growth in March, according to data released by the Department of Statistics on Wednesday.

The motor vehicle sales grew 25 percent in April from a year earlier and grew 6.4 percent month-on-month.

Excluding motor vehicles, retail sales fell 4.5 percent. Wearing apparel and footwear sales recorded a year-on-year decline of 16.2 percent.

The estimated retail sales value in April was 3.9 billion Singapore dollars (2.9 billion U.S. dollars), including 11.8 percent from the online market.