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Asia's policy-makers just scored a new e-commerce growth measure

Global Economy

Asia's policy-makers just scored a new e-commerce growth measure

Bloomberg Published on Mon, Apr 16, 2018 / 8:13 AM GMT+8

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SINGAPORE (Apr 16): Policy makers in Asia grappling with how to measure the growth of e-commerce just scored one more tool in Singapore.

The Singapore Department of Statistics has started publishing the proportion of the city state’s retail sales that were transacted online. In February, those purchases made up 3.9% of overall retail sales, or $144.3 million, compared with 4.1% in the prior month, the agency reported Thursday.