Don’t miss the latest developments in business and finance.

Singapore November retail sales rise 1.1 percent, strong motor vehicles sales

Image
Reuters SINGAPORE
Last Updated : Jan 13 2017 | 11:22 AM IST

SINGAPORE (Reuters) - Singapore's retail sales in November rose on the back of strong sales of motor vehicles and a rise in medical goods and toiletries retailing, data showed on Friday.

Total retail sales rose 1.1 percent from a year earlier, after increasing by a revised 2.0 percent in October, according to data from the Singapore Department of Statistics.

On a month-on-month and seasonally adjusted basis, total retail sales rose 0.5 percent in November after a revised 1.8 percent increase in October.

(Reporting by Masayuki Kitano; Editing by Shri Navaratnam)

Also Read

First Published: Jan 13 2017 | 11:02 AM IST

Next Story