Retail sales edge up 0.3% YoY in April with broad-based growth

Excluding motor vehicles, growth would be higher year-on-year.

Retail sales rose 0.3% year-on-year (YoY) and month-on-month (MoM) in April, translating to a sales value of $3.9b.

Of the total sales value, 12.6% was from online sales.

Excluding motor vehicles, overall sales would increase by 0.8% YoY and 0.2% MoM.

Motor vehicle sales fell 2.9% YoY but rose 0.3% MoM.

The Department of Statistics Singapore (SingStat) said most industries saw YoY increases in April, led by Computer & Telecommunications Equipment (14.8% YoY) and Watches & Jewellery (12.9% YoY).

Other industries that posted an increase were Food & Alcohol (3.0% YoY), Cosmetics, Toiletries & Medical Goods (2.3% YoY), Recreational Goods (4.9% YoY), Optical Goods & Books (1.6% YoY), Supermarkets & Hypermarkets (1.7% YoY), and Mini-marts & Convenience Stores (3.1% YoY).

Meanwhile, sales dropped for Department Stores (8.2% YoY), Wearing Apparel & Footwear (10.3% YoY), Petrol Service Stations (10.6 YoY), and Furniture & Household
Equipment (5.6% YoY).