Singapore retail sales

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.

Retail sales climb 1.3% YoY in January

Month-on-month, however, sales slipped by 0.7%.

Retail sales drop 0.4% YoY in December

Month-on-month, sales fell by 1.5%.

Singapore’s retail sales to rebound on year-end festivities, concerts: expert

Retailers can look forward to more spending this holiday season.

Retail sales drop 0.1% YoY in October

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

Women, boomers to drive Singles Day sales in Singapore

Seven in 10 boomers have planned for the 11.11 shopping event weeks or months in advance.