Singapore retail sales fall 27.8% in June after partial reopening

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

SINGAPORE retailers saw till takings slide again in June, after the end of a two-month 'circuit breaker' in April and May, despite looser coronavirus restrictions part-way through the month. Read more at The Business Times.

Supermarkets and hypermarkets, minimarts and convenience stores, and computer and telecommunications equipment were the only segments to post sales expansions.

On a seasonally adjusted, monthly basis, retail sales were up by 51.1 per cent overall, or 43.1 per cent when motor vehicles were left out.Meanwhile, food and beverage services extended their losses to fall 43.5 per cent year on year in June, even as the pace of decline eased slightly, from 50.1 per cent in May.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore's visitor arrivals in June sink to 2,200SINGAPORE'S visitor arrivals in June plummeted to 2,200 from 1.6 million a year ago, the Singapore Tourism Board (STB) has said. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

UK reports second-highest COVID-19 cases since JuneBritain's health ministry reported 938 new cases of COVID-19 on Monday, the second-highest daily total since June, taking the cumulative number of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Singapore's visitor arrivals in June sink to 2,200 from 1.6m a year agoSINGAPORE'S visitor arrivals in June plummeted to 2,200 from 1.6 million a year ago, the Singapore Tourism Board (STB) has said. Visitors numbered 880 in May and 750 in April, compared to 1.5 million in May 2019, and 1.6 million in April 2019. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore retail sales eased slump in June with 27.8% fall on phased reopening of shops, F&B dine-inSINGAPORE - The worst may be over for Singapore retail sales, with the reopening of shops and resumption of dining-in for food and beverage outlets in June after the end of the circuit breaker period.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Singapore retail sales eased slump in June with 27.8% fall on phased reopening of shops, F&B dine-inSINGAPORE - The worst may be over for Singapore retail sales, with the reopening of shops and resumption of dining-in for food and beverage outlets in June after the end of the circuit breaker period.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Citibank names Singapore retail banking head, carves new role for retail HNW segmentCITI has made two internal senior retail banking appointments in Asia Pacific that are based in Singapore, including a newly created role with oversight of the bank’s retail high-net worth clients as well as a new head for its Singapore retail banking arm. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »