Not a great Singapore sale as retail takings in June inch up just 0.9%, thanks to car sales

Signs promoting a sale displayed at a shop front window at Ion Orchard.
Signs promoting a sale displayed at a shop front window at Ion Orchard.PHOTO: ST FILE

SINGAPORE - Retail sales in Singapore eked out a 0.9 per cent year on year gain in June, the first month of the Great Singapore Sale, saved by the continued strength of the car market, data released on Monday (Aug 15) by the Department of Statistics (SingStat) showed.

However, excluding motor vehicles, retail sales dipped 3.0 per cent compared with the same period a year ago.

Retail sales in June also slowed from an upwardly revised 3.2 per cent year on year increase recorded in May.

On a month-on-month basis, retail sales dropped 1.5 per cent in June from May. Excluding motor vehicles, they fell by a heftier 3.7 per cent.

The total retail sales value in June was estimated at S$3.6 billion, similar to that in June 2015.

Motor vehicles recorded a sales increase of 17.1 per cent compared to the previous year, the only double digit percentage increase of all sectors.

Only two other segments increased their takings year on year - sales of furniture and household equipment rose 5.8 per cent while those of medical goods and toiletries were up 3 per cent.