SINGAPORE – Retail sales dropped 1.5 per cent in March from a year ago, reversing the Chinese New Year-fueled 8.6 per cent jump seen in February, as car sales continued to slump.
Excluding motor vehicles, takings at the till rose 2.6 per cent, according to Singapore Department of Statistics data released on Friday (May 11).
The total retail sales value in March was estimated at $3.8 billion, of which online sales contributed about 4.1 per cent.
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