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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

US officials made rare visit to Myanmar to free American businessman
Anutin-Trump talks unconfirmed ahead of Sept 21–27 US visit as Thailand targets 19% tariff
Waymo plans to offer�paid robotaxi rides in Singapore in 2028
AGC rejects Zamri Vinoth's representation, trial fixed for April 21, 2027
Floods kill three people, inundate 16,000 houses in Vietnam's northern, central region
MPBP probes claims of stray dog mistreatment, rude behaviour by workers
The King has consented to conditional pardon of house arrest for Najib
Two Bruneian women detained over 4.25kg drug haul at Sungai Tujoh
Indonesia welcomes its first aircraft carrier
Malaysia’s OPR could rise by 25 bps in 2027

Others Also Read