, Singapore
Photo by AR on Unsplash

Retail sales climb 1.1% YoY in June

Month-on-month, however, sales fell by 0.8%.

Retail sales grew 1.1% YoY, but fell 0.8% MoM in June, translating to a sales value of $3.8b.

Of the total sales value, 12.7% was from online sales.

Excluding motor vehicles which saw an 8.4% YoY drop, sales would have increased by 2.5% YoY.

Department of Statistics Singapore (Singstat) attributed the year-on-year uptick to increases in sales of most industries.

Industries which recorded a sales increase in June were Food & Alcohol (+30.7% YoY); Cosmetics, Toiletries &  Medical Goods (+8.3% YoY); Recreational Goods (+1.0% YoY); Optical Goods & Books (+8.7% YoY); Supermarkets and Hypermarkets (+1.2% YoY); Wearing Apparel & Footwear (+4.7% YoY); Watches & Jewellery (+6.2% YoY); Mini-marts & Convenience Stores (+7.2% YoY); Furniture & Household Equipment (+0.3% YoY); and Computer & Telecommunications Equipment (+9.4% YoY). 

On the other hand,  Department Stores (-0.1% YoY) and Petrol Service Stations (-24.2% YoY) recorded a decline in sales.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!