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Retail Sales (MoM)

2020-02-12 13:00
SGD
  • 0.2
  • --
  • -1
Retail sales data, released by Singapore of Department Statistics, represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. Rising retail sales indicate stronger economic growth. However, if the increase is larger than the forecast it may be inflationary.

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