Singapore January retail sales down after quiet Chinese New Year celebrations


People are seen on the walkway during lunch time at Raffles Place financial business district in Singapore. Shops in Singapore had a quieter-than-usual January ahead of muted Chinese New Year celebrations, with official data showing retail sales down 6.1 per cent year-on-year. - AFP

SINGAPORE, March 7 (dpa): Shops in Singapore had a quieter-than-usual January ahead of muted Chinese New Year celebrations, with official data showing retail sales down 6.1 per cent year-on-year.

"The larger decline in January 2021 was due partly to higher sales in January 2020, when the Chinese New Year was celebrated," the Department of Statistics said in a Friday statement.

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