S'pore Feb retail sales up 10.5% from Jan

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<TABLE cellSpacing=0 cellPadding=0 width=452 border=0><TBODY><TR><TD vAlign=top width=452 colSpan=2>April 15, 2009, 1.06 pm (Singapore time)

</TD></TR><TR><TD vAlign=top width=452 colSpan=2>S'pore Feb retail sales up 10.5% from Jan

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SINGAPORE - Singapore's February retail sales rose a seasonally adjusted 10.5 per cent from January, due to stronger car sales, government data showed on Wednesday.
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[/FONT]Excluding motor vehicles, retail sales declined a seasonally adjusted 3.0 per cent from January, according to the Department of Statistics' retail sales index.
Compared with a year ago, February retail sales fell 5.7 per cent, hurt by a 25.8 per cent drop in food and beverages sales. -- REUTERS

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