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PR Newswire
16-06-2011, 02:22 PM
Notice the segments with double digit growth?
S'pore's retail sales up 8.1% on-year
By Jonathan Peeris | Posted: 15 June 2011 1406 hrs
SINGAPORE: Singapore's retail sales went up 8.1 per cent in April on-year. According to the Department of Statistics, retail sales would have increased 10.1 per cent if motor vehicles were excluded.
Month-on-month, April's retail sales rose a seasonally adjusted 5.7 per cent.
Excluding motor vehicles, retail sales rose 3.8 per cent in April compared to March.
Retailers of watches and jewellery recorded a significant sales increase of 29.6 per cent in April compared to a year ago.
Retail sales of petrol service stations, apparel & footwear, medical goods & toiletries and department stores also recorded double digit growth.
On the other hand, retailers of furniture & household equipment reported a sales decline of 1.4 per cent in April on-year.
Meanwhile, restaurant receipts increased 2.2 per cent, while fast food outlet receipts rose 1.9 per cent on-month.
However, turnover of food caterers fell 1.0 per cent for the same period.
- CNA/cc
S'pore's retail sales up 8.1% on-year
By Jonathan Peeris | Posted: 15 June 2011 1406 hrs
SINGAPORE: Singapore's retail sales went up 8.1 per cent in April on-year. According to the Department of Statistics, retail sales would have increased 10.1 per cent if motor vehicles were excluded.
Month-on-month, April's retail sales rose a seasonally adjusted 5.7 per cent.
Excluding motor vehicles, retail sales rose 3.8 per cent in April compared to March.
Retailers of watches and jewellery recorded a significant sales increase of 29.6 per cent in April compared to a year ago.
Retail sales of petrol service stations, apparel & footwear, medical goods & toiletries and department stores also recorded double digit growth.
On the other hand, retailers of furniture & household equipment reported a sales decline of 1.4 per cent in April on-year.
Meanwhile, restaurant receipts increased 2.2 per cent, while fast food outlet receipts rose 1.9 per cent on-month.
However, turnover of food caterers fell 1.0 per cent for the same period.
- CNA/cc