Singapore retail sales

Retail sales fall 9.4% MoM in January

The January record is a reversal from the 7.7% increase in December.

Retail sales fall 9.4% MoM in January

The January record is a reversal from the 7.7% increase in December.

Retail sales momentum to decelerate into 1H23

RHB expects full-year retail growth to clock in at 6.0%. 

Retail industry to face uncertainties in 2023: analyst

Easing economic growth and tax hikes will affect retail transactions.

Declining consumer demand, inflation to bite retail sales’ full-year growth: RHB

Retail sales are expected to grow 10% in 2022 from 11.1% in 2021.

Chart of the day: What sold the most in Singapore’s retail trade sector in June?

Compared to June last year, wearing apparel and footwear sales grew by 92.4% YoY.

Full-year retail sales growth to moderate in 2022

Analysts predict the full-year retail sales to grow around 9%-10%.

Retail sales jump 17.8% YoY in May

Excluding motor vehicles, total retail sales increased by 22.6% YoY.

Furniture brand Castlery opens new flagship store in SG

The new store will be launched in the third quarter of the year. 

1 in 2 Singaporeans say in-store shopping customer service is best

However, most prefer to purchase products through the internet.

Chart of the day: Retail and F&B sectors recovers in Q1

F&B, however, weakened in February and March.