Singapore: Retail Sales surprised to the upside in March – UOB

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Singapore: Retail Sales surprised to the upside in March – UOB
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Singapore: Retail Sales surprised to the upside in March – UOB – by pabspiovano Singapore RetailSales Banks

Key Takeaways

“Factors supporting retail sales growth continued to be domestic demand and improving tourism numbers. As we highlighted previously, Singapore Tourism board reported 2.9 million inbound tourists in 1Q23 but importantly, they had also stayed longer .

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