Singapore's retail sales in the coming months should be supported by improving consumer confidence and easing labor-market risks, DBS senior economist Chua Han Teng says in a note. This comes as global economic uncertainty eases amid de-escalating tensions in the Middle East. Retail sales extended their growth for the fourth straight month in May, but cooled to 3.0% on year, down from April's 5.4%. Government support measures should also help to boost consumer spending, especially on essential items at supermarkets. (amanda.lee@wsj.com)