Singapore retail sales up 7.5% in October but F&B takings down

The estimated total retail sales value in October was S$3.6 billion, of which an estimated 15.2 per cent was from online sales, slightly higher than the 15.1 per cent recorded in September. - ST

SINGAPORE (The Straits Times/Asia News Network): Retail sales in Singapore saw better-than-expected growth in October despite tighter Covid-19 restrictions, partly due to higher mobile phone sales from new product launches.

Takings at the till rose 7.5 per cent year on year, extending the revised 6.8 per cent increase in September, according to data released by the Singapore Department of Statistics on Friday (Dec 3).