Retail in Asia

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Singapore July retail sales up 5.5pc year-on-year

Singapore’s sales rose 5.5 percent year-on-year in July, lifted by sales of motor vehicles.

But without motor vehicles, sales would have dipped 0.4 percent.

The total retail sales value for July was estimated at SGD3.2 billion (USD2.53b), up from SGD3 billion in the corresponding month a year earlier, according to a release from the Department of Statistics on Monday.