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Singapore October retail sales rise 2.2 percent from year earlier
December 15, 2016 / 5:04 AM / 10 months ago

Singapore October retail sales rise 2.2 percent from year earlier

A man looks at Sake imported from Japan at a supermarket in Singapore October 6, 2016. Picture taken October 6, 2016. REUTERS/Edgar Su/Files

SINGAPORE (Reuters) - Singapore’s retail sales in October rose from a year earlier, due to a jump in motor vehicle sales and demand for recreational goods, data showed on Thursday.

Total retail sales rose 2.2 percent from a year earlier, after increasing by a revised 2.2 percent in September, according to data from the Singapore Department of Statistics.

On a month-on-month and seasonally adjusted basis, total retail sales rose 1.7 percent in October after declining a revised 0.6 percent in September.

Reporting by Masayuki Kitano; Editing by Jacqueline Wong

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