Department of Statistics

On a yearly basis, it grew by 46.7%.

Total sales value was estimated at $806m.

Toiletries and medical goods recorded the most growth in retail sales.

Twelve of 14 industries also posted a decline in their respective sales.

The accelerating CPI was driven by higher food and oil prices.

Excluding petroleum products, an expansion of 25.2% was reported.

On a QoQ basis, a 3.6% increase was observed.   Singapore recorded a 34.9% year-on-year (YoY) increase in domestic wholesale trades, the Department of Statistics Singapore reported. 

Excluding motor vehicles, an 8.6% YoY jump to $3.9b was observed.

Across industries, firms in wholesale trade expressed the highest optimism.

It reached a total amount of $706m.

Total retail sales value reached $3.7b.

This is higher compared to September's retail sales YoY increase at 6.8%.

Restaurants experienced the most YoY decline at 24%. 

This was led by higher private road transport and accommodation costs. 

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

Food caterers had the most growth in sales at 36.4% YoY.