Singapore's retail sales expanded for the second straight month in March, data from the Department of Statistics showed on Tuesday.
Retail sales climbed 4.8 percent year-on-year in March, though slower than the sharp 8.3 percent rebound in February.
Sales of recreational goods alone grew 13.1 percent annually in March, and those of motor vehicles, parts, and accessories were 12.9 percent higher. Meanwhile, sales at department stores declined 5.7 percent, and sales of food and alcohol decreased by 6.0 percent.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.