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Singapore retail trade drops 3.6% y-o-y in December on lower sales in cosmetics, toiletries & medical goods

Felicia Tan
Felicia Tan • 3 min read
Singapore retail trade drops 3.6% y-o-y in December on lower sales in cosmetics, toiletries & medical goods
Excluding motor vehicles, retail sales fell 4.5% y-o-y, compared to the 2.8% decline in November.
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Singapore’s total retail sales value fell 3.6% y-o-y to $4.0 billion, according to latest data by the Singapore Department of Statistics (DOS).

This was led by a decline in cosmetics, toiletries and medical goods, which fell 35.4% y-o-y.

Excluding motor vehicles, retail sales fell 4.5% y-o-y, compared to the 2.8% decline in November.

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