Singapore retail sales decline slowed in December, data from the Department of Statistics showed on Wednesday.
Retail sales declined 3.4 percent year-on-year in December, following a 4.2 percent fall in November. Economists had expected a 1.1 percent increase.
Motor vehicle sales decreased 24.1 percent, after a 22.4 percent drop in November.
Excluding motor vehicles, retail sales edged up 0.1 percent in December, after a 0.8 percent fall.
Sales of computer and telecommunications equipment, and those of furniture and household equipment fell by 6.3 percent 8.2 percent, respectively, in December.
On a monthly basis, retail sales fell 1.0 percent in December, after remaining unchanged in the previous month.