SINGAPORE: Retail sales surged in May this year, compared with the same period last year, due to the low base when Singapore was in the circuit breaker phase to contain the Covid-19 pandemic. Takings at the till rebounded by 79.7 on a yearly basis, even higher than the 54% increase recorded in April this year. The Singapore Department of Statistics, which released the figures on Monday, said: “ The large year-on-year( y-o-y) growth in May 2021 was attributed to the low base in May 2020 when the
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2021-07-06 00:00:00.0