Home » News » Retail Sales Grew 2.2% On-Year In April 2012
Growth moderated by slowdown across most retail sectors.
Retail sales in April 2012 rose 2.2% on-year and declined 0.9% on-month. Excluding motor vehicles, retail sales grew 0.8% on-year and 2.9% on-month.
According to the Retail Sales Index published by the Department of Statistics (DOS), the biggest on-year growth was seen for telecommunications apparatus and computers (+14.7%). Growth was moderate for retail sales activities such as:
On-year growth for other sales activities ranged from 3.9% to 0.4%.
On-year sales declines were seen for:
DOS also announced that sales for Food and Beverage Services grew 5.5% on-year in March 2012 and contracted 1.9% on-month.
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