retail sales index (RSI)

SINGAPORE (Dec 16): Singapore’s total retail sales value fell 4.3% year-on-year to $3.6 billion in October, led by a decline in motor vehicles retail sales, according to latest data by the Singapore Department of Statistics (DOS).

SINGAPORE (May 31): CGS-CIMB Securities is upgrading Singapore’s consumer staples sector to “overweight”, from “neutral” previously, on the back of expectations of improving retail sales.