Singapore's retail sales growth slowed markedly in June, figures from the Department of Statistics revealed Monday.
Retail sales rose 0.9 percent year-over-year in June, much slower than the 3.2 percent climb in the previous month.
The increase in June was largely driven by a 17.1 percent surge in sales of motor vehicles. Excluding motor vehicles, retail sales fell 3.0 percent in June from a year ago.
Sales of food and beverages declined 5.5 percent and sales at supermarkets went down by 2.2 percent.
On a monthly basis, retail sales dropped 1.5 percent from May, when it increased by 1.5 percent.
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