Singapore retail sales recover with slower 27.8% fall

Takings at the till dropped 27.8 per cent year on year in June, down from a record 52 per cent in May. - ST/ANN

SINGAPORE (The Straits Times/ANN): The worst may be over for Singapore retail sales, with the reopening of shops and resumption of dining in for food and beverage outlets after the end of the circuit breaker period in June.

Retail sales in June fell but at a slower pace than before, according to data from the Department of Statistics on Wednesday (Aug 5).