Singapore retail sales
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.
Retail sales growth moderates to 14.8% YoY in June
In May, retail sales grew 17.8% 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.Â
1 in 2 Singaporeans say in-store shopping customer service is best
However, most prefer to purchase products through the internet.
Retail sales full-year growth to hit 6%: analyst
In April, sales expanded by 12.1% YoY.
Chart of the day: Retail and F&B sectors recovers in Q1
F&B, however, weakened in February and March.
Chart of the day: 67% of Singaporeans want ‘endless aisle’ option
Yet only 1 in 3 retailers offer this option.
Chart of the day: 42% of S’poreans willing to have their shopping data stored
However, this is only if retailers can give assurance on security and privacy.
Retail sales jump 8.7% YoY in March
The increase was driven by larger growth in mutiple industries.
Retail sales down 3.4% YoY in February
Toiletries and medical goods recorded the most growth in retail sales.
Retail is rising, here’s why
Sales finally grew by 11.8% in January after three years of decline.
Retail sales drop 2.5% MoM in January
Twelve of 14 industries also posted a decline in their respective sales.
Retail sales up 6.7% to $4.4b in December 2021
Excluding motor vehicles, an 8.6% YoY jump to $3.9b was observed.
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