, Singapore

Computers and clothes sold less in February

Both retail sectors saw steep declines nearing double-digit percentages, while car sales bounced back strong.

On a month-to-month basis, telecommunications appratus and computers dipped 9.5% while apparel & footwear shrank 9.0%, according to data from Statistics Singapore.

Sales growth for food & beverages, department stores and supermarkets also remained in the red.

The biggest comeback came from the motor vehicles sector, which reversed its dismal 8.1% decline in sales last month to an impressive 9.2% rise this February.

Here's more from Statistics Singapore:

Join Singapore Business Review community

Month-on-Month Change (Seasonally Adjusted)
After seasonal adjustment, retail sales of motor vehicles rose 9.9% in January 2012 over December 2011 (Table 1). Retailers of watches & jewellery, recreational goods, optical  goods & books and petrol service stations also registered increases in sales of between 1.8% and 6.3% compared to the previous month.

On the other hand, retailers of telecommunications apparatus & computers and wearing apparel & footwear recorded declines in sales of 9.5% and 9.0% respectively. Retail sales of food & beverages, department stores and supermarkets also decreased between 1.1% and 3.0% in January 2012 over December 2011.

Year-on-Year Change
Compared to January 2011, retailers of food & beverages recorded a double-digit growth of 15.6% in sales in January 2012. Similarly, retail sales of petrol service stations, supermarkets, watches & jewellery, telecommunications apparatus & computers, medical goods & toiletries, provision & sundry shops and department stores increased between 2.9% and 9.4%.On the other hand, retailers of optical goods & books, furniture & household equipment and motor vehicles reported declines in sales of between 2.8% and 7.7% in January 2012 over January 2011.

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Vibrant Group wins suit against Blackgold Australia
The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.
Lorem Ipsum text in year 2025
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.
Lorem Ipsum is simply dummy text of the printing and typesetting industry.
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes from a line in section 1.10.32.