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Singapore May retail sales rise 0.9 pct from year earlier
July 12, 2017 / 5:00 AM / 6 months ago

Singapore May retail sales rise 0.9 pct from year earlier

SINGAPORE, July 12 (Reuters) - Singapore’s retail sales in May rose from a year earlier due to an increase in sales of petrol, data showed on Wednesday.

Total retail sales rose 0.9 percent from a year earlier, after increasing by a revised 2.7 percent in the previous month, according to data from the Singapore Department of Statistics.

Compared with a year earlier, petrol sales at gas service stations jumped 11.3 percent.

On a month-on-month and seasonally adjusted basis, total retail sales fell 1.0 percent in May after a revised 1.7 percent increase in the previous month. (Reporting by Fathin Ungku; Editing by Jacqueline Wong)

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