Analysts still optimistic on retail despite April sales slump
The retail sector will likely remain robust for the rest of the year even after April sales turned out weaker than expected, according to analysts.
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The retail sector will likely remain robust for the rest of the year even after April sales turned out weaker than expected, according to analysts.
This was a smaller fall in key exports than a 20.8 per cent contraction in March. Read more at straitstimes.com.
ANN/THE STRAITS TIMES – Singapore saw its retail sales increase in an upward trend for the third consecutive month, spurred by the excitement of Taylor Swift’s Eras Tour in March, though future sustainability of this trend is uncertain. March saw a 2.7-per-cent increase in retail sales compared to the same month last year, a slowdown […]
SINGAPORE: Retail sales were well up in February to record their second straight month of gains.
Takings at food and alcohol retailers grew 31.4 per cent compared with February 2023. Read more at straitstimes.com.