November retail sales up 1.1%

Another strong motor vehicles sales were recorded.

The strong motor vehicles sales have, yet again, saved the lacklustre retail sales from diving into the red in November.

According to the latest figures by the Department of Statistics, retail sales were up 1.1% in the said month, driven strongly by a 17% spike in motor vehicle sales. Medical goods & toiletries also boosted overall retail sales with its 4.4% growth. Recreational goods and optical goods also contributed to the positive growth with 1.3% and 0.3% spike, respectively.

On the other hand, the computer & telecommunications equipment posed the biggest drag in overall retail sales, registering a 13.5% decline. Likewise, retail sales of watches& jewelry, wearing apparel & footwear, furniture & household equipment, supermarkets, food & beverages, department stores, mini-marts & convenience stores and petrol service stations fell between 1.1% to 6.6% during the said period.

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