Singapore retail sales lower than forecast


All worked up: Many Malaysians and Singaporeans have taken to social media to debate over the issue. — AFP

SINGAPORE: Retail sales were lower than expected in October, according to figures released by Singapore’s Department of Statistics.

Takings at the till that month were only 0.1% higher year-on-year, below the 1.5% increase forecast by analysts polled by Bloomberg and coming off the 1.9% rise in September.

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