July 3, 2020 / 5:06 AM / a month ago

Singapore May retail sales crash 52.1% in record drop

FILE PHOTO: People cross a street at the shopping district of Orchard Road as the city state reopens the economy, amid the coronavirus disease (COVID-19) outbreak, in Singapore June 19, 2020. REUTERS/Edgar Su/File Photo

SINGAPORE (Reuters) - Singapore total retail sales fell a record 52.1% on a year-on-year basis in May, when the city-state was under a lockdown to prevent the spread of COVID-19 infections, according to data released by Singapore Department of Statistics on Friday.

The drop was the steepest since records began in 1986.

Reporting by Aradhana Aravindan in Singapore; Editing by Rashmi Aich

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