Consumer-facing sectors took the greatest hit, with takings for watches and jewellery (-87.8%), wearing apparel and footwear (-85.3%) and department stores (-84.6%) registering significant declines.
SINGAPORE (June 5): Singapore’s total retail sales value plummeted 40.5% year-on-year in April, following the imposition of the ‘circuit breaker’ measures on April 7, which restricted the operations of non-essential services to curb the spread of the coronavirus.
This marks the largest decline in the metric since its adoption in 1986. It is also a significant deepening from the 13.3% decline registered in March, according to the data released by the Department of Statistics (Singstat) on Friday.
