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Singapore Retail Sales Growth Eases Slightly In August

(RTTNews) - Singapore's retail sales growth slowed marginally in August, data from the Department of Statistics showed on Wednesday.

Retail sales rose 13.0 percent year-on-year in August, after a 13.9 percent growth in July.

Excluding motor vehicles, retail sales grew 16.2 percent yearly in August, after an 18.4 percent gain in the preceding month.

Sales of wearing apparel and footwear grew the most, by 64.7 percent in August from a year ago. Sales of food and alcohol surged 48.5 percent.

Sales at department stores rose 42.8 percent and those of watches and jewelry gained 31.2 percent.
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