Singapore's retail sales decreased for the first time in eleven months in January, preliminary data from the Department of Statistics showed on Thursday.
Retail sales dropped 0.4 percent annually in January, reversing a revised 2.5 percent increase in December.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.