Value Investor Research
ECM: Singapore: Retail sales rise as jobs withstand weakening economy
value_investor
Publish date: Thu, 16 Feb 2012, 11:43 PM
Singapore's retail sales rose for a 10th month in December as unemployment at a 14-year low spurred purchases of luxury goods, mobile phones and computers. The retail sales index climbed 4.2% from a year earlier after gaining a revised 6.2% in November. The median estimate in a Bloomberg News survey of nine economists was for a 5.2% gain. (Bloomberg)
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