04.07.2025 06:35

Singapore's retail sales experienced a significant upswing in May, jumping from a modest 0.3% year-on-year (YoY) growth in the previous month to a robust 1.4% YoY increase. This surge indicates a positive shift in consumer spending within the Singaporean market.

While this positive growth is encouraging, it's crucial to remember that market data inherently involves inherent risks and uncertainties. Any interpretation of this information should not be construed as a recommendation for any investment strategy, whether buying or selling assets. Thorough independent research is essential before making any investment decisions.

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