Singapore retail sales

Retail growth masks consumer budget squeeze

Retail growth masks consumer budget squeeze

High-end watches, jewellery, and expensive household furniture face an intense winter slump.

Locals own nearly 90% of SG retail entities as gov't details support schemes

The government is arming them with support like grant to go global.

Retail sector projects subdued 1% expansion in 2026: analysts

Modest consumption and global uncertainty will cause Singapore's retail sales to flatten.

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

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

Retail sector faces headwinds despite expected early 2025 boost

Expected GDP easing to affect retail sales growth this year.

Retail sales decline 0.7% YoY in November as key sectors show mixed performance

Excluding motor vehicles, sales would slip further by 1.4% YoY.

Motor vehicle sales fuel 0.6% YoY rise in retail sales for August

Excluding motor vehicles, sales dipped by 1.5% YoY.

Expert warns of constrained retail growth as tourism receipts normalise

Retail sales remained weak in July, with a modest 1.0% YoY rise.

Retail sales dip by 0.6% YoY in June

Excluding motor vehicles, sales would’ve suffered a deeper decline of 3.1% YoY.

Analysts keep a bright outlook for retail 

RHB sees retail sales rising 2% YoY in 2024.

Retail sales rise 2.2% YoY in May

Excluding motor vehicles, sales would remain flat.

Retail sales drop 1.2% YoY in April

Excluding motor vehicles, sales would have fallen 4.5% YoY.

Retail sales rise 2.7% YoY in March

On a month-on-month comparison, however, sales fell 1.0%.

Retail sales rise 8.4% YoY in February

Excluding motor vehicles, sales would have risen by 9.4% YoY.

Lunar New Year fuels 8.4% growth in SG’s Feb retail sales

Favourable results are also expected in March due to factors like Taylor Swift’s Eras Tour.