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In January, Singapore's retail sales increased 1.3% YoY, driven by motor vehicle sales, following a 0.5% drop in December.
Singapore's retail sales increased 1.3% year-on-year in January, driven by higher demand for motor vehicle sales.
This growth followed a 0.5% drop in December.
Excluding motor vehicles, retail sales fell 2.1% annually.
The food and beverage services index fell 5.6% year-on-year in January.
January retail sales totaled S$4.3 billion, with online sales making up 11.2% of the total.
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En enero, las ventas minoristas de Singapur aumentaron un 1,3% interanual, impulsadas por las ventas de vehículos de motor, tras una caída del 0,5% en diciembre.