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Singapore May retail sales rise 0.9% from year earlier
People enter and exit a Macy's department store in Boston's Downtown Crossing district, Wednesday, July 11, 2007. As merchants reported their June sales results Thursday July 12, 2007, the disappointments cut across many segments of the retail industry including Macy's Inc. Macy's suffered a 2.7 percent drop in same-stores sales, worse than the 0.8 percent decline expected. (AP Photo/Steven Senne)

Singapore May retail sales rise 0.9% from year earlier

SINGAPOREL: Singapore’s retail sales in May rose from a year earlier due to an increase in sales of petrol, data showed on Wednesday.

Total retail sales rose 0.9 percent from a year earlier, after increasing by a revised 2.7 percent in the previous month, according to data from the Singapore Department of Statistics. Compared with a year earlier, petrol sales at gas service stations jumped 11.3 percent. On a month-on-month and seasonally adjusted basis, total retail sales fell 1.0 percent in May after a revised 1.7 percent increase in the previous month.