Overall retail sales in September 2009 fell –1.2 percent over the previous month. Excluding motor vehicles, the index rose 0.4 percent. When compared to September 2008, overall retail sales fell by –11.8 percent (but more significantly excluding motor vehicles the index fell by – 1.2 percent over September 2008). Total retail sales value in September 2009 was estimated at SGP 2.6 billion compared to SGP 3.0 billion in the same month of the previous year.
For more retail news visit the Singapore Retailers Association website: SRA.
(Source: Singapore Retailers Association)