S’pore retail sales fall 27.8pc in June

6 August, 2020 12:00 AM printer

SINGAPORE: Retail sales in Singapore fell at a slower pace of 27.8 per cent year-on-year in June as the country exited its COVID-19 “circuit breaker” period and retail outlets resumed operations under Phase 2 of the city’s reopening.

This is an improvement from the record 52 per cent plunge in May, when physical stores were closed for the entire month, said the Department of Statistics (SingStat) on Wednesday, report agencies.

Excluding motor vehicles, retail sales fell 24.2 per cent year-on-year, figures released by SingStat showed.

Singapore imposed a circuit breaker period from Apr 7 in a bid to curb the spread of COVID-19, shutting non-essential workplaces and implementing home-based learning for students.

The circuit breaker ended on Jun 1, with the Government planning to reopen the economy in three phases.

Singapore is currently under Phase 2 which started on Jun 19, with retail outlets allowed to reopen and dining-in at food and beverage (F&B) outlets allowed to resume.