Published:
Retail sales up 2.1% in March
Robust petrol service stations sales boosted overall output.
The spotlight was on petrol service stations segment in March as it boosted retail sales index to 2.1% YoY.
For the said month, petrol services stations recorded the highest sales growth of 11.3%. Watches and jewellery closed the second highest sales growth of 7.8%. Motor vehicles sales came next with the 6.9% growth.
Excluding motor vehicles, growth would have been a measly 0.7%.
On a monthly basis, retail sales went down 0.3% in March. This would be due to the month-on-month slump in food retailers sales at 6.6%.
Check out the retail sales index table below:
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