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<Econ> Singapore Apr Retail Sales YoY +5.4%, Beats Forecast
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Singapore Department of Statistics announced that Singapore's retail sales in April rose 5.4% YoY, beating market expectations of a 4.4% increase. The previous reading was revised downward to a 4.6% increase. On a seasonally adjusted basis, retail sales rose 0.3% MoM, with the previous reading revised downward to a 3.4% increase. Excluding motor vehicles and parts, Singapore's retail sales in April increased 4.5% YoY and rose 0.4% MoM on a seasonally adjusted basis. (da/j) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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