Singapore retail sales surge in May against last year's low

[SBFNews]

Singapore retail sales surge in May against last year's low base
insideretail.asia

Robert Stockdill
July 5, 2022< 1 mins read

Singapore retail sales – sans vehicles – increased by 22.6 per cent in May, five points faster than April’s growth.

Statistics Singapore attributed the high growth rate to a low base in May last year when international travel restrictions and other Covid-fighting measures were in place.

Of the estimated US$2.49 billion in Singapore retail sales in May, online sales comprised about 13.6 per cent. Online turnover was especially high as a percentage of sales in the computer & telecommunications sector, up by 47.5 per cent, and from supermarkets & hypermarkets, up by 28.2 per cent.
Most retail categories recorded growth overall, with apparel and footwear sales up by 98.2 per cent. Sales by department stores rose by 73.1 per cent and of watches & jewellery by 60.7 per cent. All discretionary sales were heavily impacted by Covid restrictions in May last year.

With consumers allowed to eat out again, sales of food & beverage services rose by 40.1 per cent during the month, with a consequential fall in sales by supermarkets & hypermarkets of 10.3 per cent, and by mini-marts & convenience stores, of 4.8 per cent.
Turnover of restaurants soared 66 per cent, while sales at cafes, foodcourts & other eating places rose by 25 per cent, and through fast-food outlets by 13.8 per cent.

 

[Cottonmouth]

A virgin in May 2021 vs a whore in May 2022, who gets more cock?

 

[mahjongking]

they still think people are still daft enough to believe ANY govt statistics?
and why the moronic amdk face in the fake news? knn

 

[mudhatter]

numbers are peeeeanuts.

2.5 billion per month X 12 months = $30 billion

seriously wttf!

minuscule $30 billion retail sales not even size consumer market in indon per month.

it's peanuts.

stinkypura is infamous as a money laundering hub tax evasion hub human trafficking hub and infamous for creative accounting.

in lousy ASEAN region, not only melayu and indon got bigger national budgets than stinkies, but so do thai pinoys and even viets.

yes we are talking of exchange rate based budgets.

more appropriate might have been PPP based budgets since things cost quite a bit lower in those surrounding countries of ASEAN. then gap between those 5 ASEAN members and stinkypura would only widen further. yes popn counts, it matters like it or not. ppl obv need land which stinkypura hasn't got and that is the source of almost all predicaments of pap-piglets.

i think throwing pap-piglets along with their offshoots dap piglets into the sea is a great option for peace justice tranquility harmony development and progress in the region.

 

[mudhatter]

just for the record, even war torn iraq that's been invaded and destroyed for all intentions and purposes with millions upon millions of casualties and displaced and sufferers.

even that war torn iraq got a bigger national budget than stinkypura - and that's based on exchange rates.

based on PPP, the gap would only be bigger




Iraqi budget 130 trillion Iraqi dinar = US$89.65 billion

stinkypura budget expenses

98.41 billion S$= US$73.23 billion

Thai budget 3.3 trillion Thai baht = US$ 105.4 billion



lousy stinkies stand at sixth in the lousy region known as ASEAN
peesai really is peesai

 

[mudhatter]

I've always wondered this abt Indon.

Except for GDP, based on exchange rate and PPP bases, no other indicator seems to show Indon have got a big/huge economy. Let's say compared to other OIC members, ASEAN members, compared to Australia, some ang moh gayropean countries. Brazil, or chopstick races.

Indon car sales at less than a million a year or slightly above it, has traditionally hovered below thai car sales of 1.2-1.4 or 1.5 million. and thailand got only 68 million(?) ppl compared to Indon 270 million people?

In terms of steel production and electricity consumption/production, i think viets outdo them. So do places like southern gooks, brazil, turkey, iran. saudi maybe does too.

in terms of national budgets, indon at less than US$ 200 billion is still lower than saudi iran turkey or ozzies brazil gooks japs weestern gayropeans etc.

in terms of globally recognized brands, they've got nothing. high tech exports are also lacking. so are high quality papers, let's say, as counted in NatureIndex. In natureindex, all 3 of world's 3 most populous countries tiong ceca yankee are well within top 10 or top 12 in subjects that matter like physics chemistry and such.

Indon not even in top 30!!!!

why leh?

they've got no military to speak of, no defence industry either. no innovative public or privately owned firms in traditional or new tech areas.

really, apart from official stats published by their govt is there any other indicator that Indon are a big economic power or advanced industrial power or military or tech or diplomatic power?

fyi, both iran saudi national annual budgets are higher than US$300 billion per year. at exchange rates. based on PPP, theyse numbers should be considerably higher.

turkish numbers also shouldn't be too far behind.

you look at brazil ozziees gooks japs western gayropeans, they almost all got comfortably bigger budgets than indon.

iran saudi turkey all consumer more electricity than indon even though indon is almost 8 times as populous as saudi!!!

what is going on?

are indon stats fudged just like ceca?
like stinkypura stats are fudged by pap-piglets?

 

[syed putra]

Its compared to last years low.
Maybe a better comparison should be to 2019 figures.

 

[mudhatter]

comparing with arabian emirates would be futile coz they are way too rich, big, powerful for dot sized peesai

Sheikh Mohammed bin Rashid Al Maktoum has approved Dubai's budget for the fiscal years 2022-2024, with a total expenditure of $49 billion (181 billion dirhams), Dubai's deputy ruler said in a tweet on Sunday.


also
21 Apr 2022Dubai Statistics Centre's live population counter stood at 3,500,105 on Thursday. Between the end of 2020 and April 2022, the population rose by close to 100,000. Population growth is a major goal for the emirate's government with a target of 5.8 million people by 2040, with a major physical expansion for the city planned.


181 billion dirhams for 3.5 million ppl (mostly foreigners, little/no oil/gas in dubai) = 51714 dirhams per person !!!

UAE is just too rich with Abu Dhabi also thrown into the mix compared to pissant race of peasant coolie stinkypura

 

[mudhatter]

Dubai taken by itself is a better comparator to stinkypura

hongkies might be another comparator

UAE just too rich and too big and wealthy for peasant coolie gene kafir rat stinkies

 

[mudhatter]

dp

 

[mudhatter]

hongkie budget at 627 billion HKD or US$80.9 billion also larger than stinkypura

why stinkypura so howlian?




peasantpore got nothing

it looks more and more likely that indon stats were fudged and so were ceca stats

they may have learned the tricks from stinkies. pap-piglets

 

[mudhatter]

^^
building on the above, that was hongkie budget for a year or two ago.

for next year, 2022-23 fiscal year, hongkie budet is

Total government expenditure for 2022‑23 will increase by 15.5% to HK$807.3 billion ($1 = 7.8029 Hong Kong dollars) (Reporting by Donny Kwok; Editing by Simon Cameron-Moore)

that's HKD 807.3 billion or US$103.46 billion


song boh stinkies?

why stinkies so howlian?

it seems more and more likely that just like ceca virus and just like indon, stinkypura stats are very heavily fudged too.
maybe they learnt the art from pap-piglets