July 3, 2020 / 6:52 AM / a month ago

Singapore May retail sales crash 52.1% in record drop

FILE PHOTO: A retail assistant cleans the shop shutter as a shop is prepares to be opened in Singapore as the city state reopens the economy amid the coronavirus disease (COVID-19) outbreak, 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

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below