Happy to see the [Call] up swi

2022-06-04

Happy to see the [Call] up swing & recovery of many industries (that had suffered during the pandemic) as the world opens its gate gradually to tourism... Hope that we can all pull through the inflation together too [Comfort]

Singapore Retail Sales up 12.1% in April As Tourists Return

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Hope that we can all pull through the inflation together too [Comfort]","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9059136298","repostId":1190913824,"repostType":4,"repost":{"id":"1190913824","pubTimestamp":1654236123,"share":"https://www.laohu8.com/m/news/1190913824?lang=&edition=full","pubTime":"2022-06-03 14:02","market":"sg","language":"en","title":"Singapore Retail Sales up 12.1% in April As Tourists Return","url":"https://stock-news.laohu8.com/highlight/detail?id=1190913824","media":"The Business Times","summary":"SINGAPORE retail sales jumped by 12.1 percent in April, faster than the growth of 8.8 percent in the","content":"<html><head></head><body><p>SINGAPORE retail sales jumped by 12.1 percent in April, faster than the growth of 8.8 percent in the month before, with uplift from tourists’ return as international borders reopened.</p><p>On a seasonally adjusted, monthly basis, sales were up by 1.2 percent to S$3.7 billion, the Department of Statistics (SingStat) said on Friday (Jun 3). Online retail made up 12.5 percent.</p><p>Excluding big-ticket motor vehicles sales, retail receipts were up 17.4 percent year on year in April, and up by 1.7 percent month on month on a seasonally adjusted basis.</p><p>Revenue rose across almost all categories, with SingStat noting “higher demand for bags and footwear, partly boosted by higher tourist spending with the easing of border restrictions”:</p><ul><li>Department stores (17 percent)</li><li>Supermarkets and hypermarkets (9.3 percent)</li><li>Food and alcohol (21.5 percent)</li><li>Petrol service stations (23.9 percent)</li><li>Cosmetics, toiletries and medical goods (25.4 percent)</li><li>Wearing apparel and footwear (26.2 percent)</li><li>Furniture and household equipment (15.2 percent)</li><li>Watches and jewellery (16.3 percent)</li><li>Computer and telecommunications equipment (25.4 percent)</li></ul><p>Falls were registered in the remaining categories:</p><ul><li>Mini-marts and convenience stores (-6 percent)</li><li>Motor vehicles (-14.1 percent)</li><li>Recreational goods (-1.8 percent)</li><li>Optical goods and books (-8.2 percent)</li><li>Others (-1.5 percent)</li></ul><p>On a seasonally adjusted, month-on-month basis, the clothes and shoes, food and alcohol and department store segments saw marked double-digit growth, while sales of cosmetics, toiletries and medical goods and computer and telecom gear, among other categories, declined.</p><p>Food and beverage services saw sales grow by 11.4 percent year on year, which SingStat attributed to stricter capacity restrictions on dine-in services in the year-ago period.</p><p>On a monthly, seasonally adjusted basis, takings improved by 5.2 percent to S$815 million.</p><p>The year-on-year growth was seen across all segments of the industry:</p><ul><li>Restaurants (17.2 percent)</li><li>Fast food outlets (3.3 percent)</li><li>Caterers (77.7 percent)</li><li>Cafes, food courts and other eating places (3.3 percent)</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Online retail made up 12.5 percent.Excluding big-ticket motor vehicles sales, retail receipts were up 17.4 percent year on year in April, and up by 1.7 percent month on month on a seasonally adjusted basis.Revenue rose across almost all categories, with SingStat noting “higher demand for bags and footwear, partly boosted by higher tourist spending with the easing of border restrictions”:Department stores (17 percent)Supermarkets and hypermarkets (9.3 percent)Food and alcohol (21.5 percent)Petrol service stations (23.9 percent)Cosmetics, toiletries and medical goods (25.4 percent)Wearing apparel and footwear (26.2 percent)Furniture and household equipment (15.2 percent)Watches and jewellery (16.3 percent)Computer and telecommunications equipment (25.4 percent)Falls were registered in the remaining categories:Mini-marts and convenience stores (-6 percent)Motor vehicles (-14.1 percent)Recreational goods (-1.8 percent)Optical goods and books (-8.2 percent)Others (-1.5 percent)On a seasonally adjusted, month-on-month basis, the clothes and shoes, food and alcohol and department store segments saw marked double-digit growth, while sales of cosmetics, toiletries and medical goods and computer and telecom gear, among other categories, declined.Food and beverage services saw sales grow by 11.4 percent year on year, which SingStat attributed to stricter capacity restrictions on dine-in services in the year-ago period.On a monthly, seasonally adjusted basis, takings improved by 5.2 percent to S$815 million.The year-on-year growth was seen across all segments of the industry:Restaurants (17.2 percent)Fast food outlets (3.3 percent)Caterers (77.7 percent)Cafes, food courts and other eating places (3.3 percent)","news_type":1},"isVote":1,"tweetType":1,"viewCount":441,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":187,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9059136298"}