Retail sales up by 4.6% to $4.3b in December

It is pushed by sales growth on motor vehicles and computers.

Retail sales in Singapore increased by 4.6% year-on-year (yoy) from $4.2b to an estimated $4.3b, latest data from the Department of Statistics revealed.

This was pushed by sales of motor vehicles, and computer & telecommunications equipment.

Motor vehicle sales rose by 26% yoy, whilst computer & telecommunications equipment sales rose 15.2% yoy.
 

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