Financial News

Singapore’s retail sales fall again in August, but at slower pace amid demand for cars

SINGAPORE: Retail sales in Singapore fell by a slower pace of 5.7 per cent year-on-year in August, amid strong demand for new and used cars, said the Department of Statistics (SingStat) on Monday (Oct 5). This is an improvement from July’s 8.5 per cent decline. Excluding motor vehicles, retail …

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