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Singapore January retail sales fall 8.4 percent from year earlier

Reuters  |  SINGAPORE 

SINGAPORE (Reuters) - Singapore's retail sales in January fell from a year earlier, due to a drop in motor vehicle sales, data showed on Monday.Total retail sales fell 8.4 percent from a year earlier in January, after rising a revised 6.3 percent in the previous month, according to data from the Singapore Department of Statistics.Sales of motor vehicles fell 9.8 percent from the year before and fell 20.9 percent from December.Singapore, one of the world's most expensive places to own a vehicle, announced in October last year that it would not allow any growth in its car population from ...

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First Published: Mon, March 12 2018. 10:35 IST
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