Singapore Retail Sales Misses Estimates; December Growth Slowed

Singapore’s retail sales missed estimates and rose at a slower pace in December, reflecting faltering growth prospects in the economy.

Sales increased 2.9 percent from a year earlier in December, slowing from a revised 4.6 percent the previous month. Excluding motor vehicles, retail sales fell 3.6 percent, deepening from the 2.1 percent decline in November.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE