Singapore retail sales fall 52.1% in record drop in May during COVID-19 circuit breaker

SINGAPORE: Singapore’s total retail sales fell a record 52.1 per cent on a year-on-year basis in May, while the country was still under a COVID-19 “circuit breaker”, according to data released by the Department of Statistics (SingStat) on Friday (Jul 3).   The drop was the steepest since records …