retail sales

The figure represents 37% of sales in 2019.

Big ticket item transactions are expected in the remaining months of 2022.

The analyst expects retail sales post full-year growth of 8.5%.

They want out-of-stock items purchased in-store then delivered at home.

Domestic retail environment to be supported by further border reopening.

This is on the back of an unexpected 6.6% YoY increase in September.

Computer and telecommunications equipment were up by 23.8% m-o-m.

UOB said retail sales will post a 10% full-year growth.

UOB said retail sales will post a 10% full-year growth.

This is attributed to the low base in June 2020 when physical stores were closed. 

However, this is still below pre-COVID levels.

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The record-breaking growth was due to a much lower base in April last year, the start of the Circuit Breaker period.