Singapore retail sales jump 54% in April from last year's circuit-breaker low


Singapore's retail sales surged by 54 per cent year on year in April. This made for a third straight month of retail sales growth after a 24-month-long year-on-year slide. - The Straits Times/ANN

SINGAPORE, June 4 (The Straits Times/ANN): The Department of Statistics (DOS) of Singapore has announced that Singapore's retail sales surged by 54 per cent year on year in April, compared to the revised 6.3 percent year-on-year increase recorded in March.

DOS attributed the larger increase to the low base in April 2020 when the Circuit Breaker measures were implemented due to Covid-19, and physical stores were closed for most of the month.

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