Welcome!
retail sales index (RSI)
Singapore economy
Singapore’s retail sales up by 1.1% but down by 0.8% m-o-m to $3.8 bil in June
Of this, an estimated 12.7% were from online retail sales, higher than the 11.9% recorded in May.
August 04, 2023
Singapore economy
Increase in visitor arrivals, especially with return of Chinese tourists should bode well for retail industry: analysts
Retail sales grew by 12.7% y-o-y in February, reversing the 0.8% y-o-y decline printed in January.
April 05, 2023
Singapore economy
Analysts see downsides to Singapore’s retail sales after ‘unexpected’ 0.8% y-o-y contraction in January
The lower-than-expected retail sales index were attributed to the higher GST and inflationary pressures.
March 03, 2023
Singapore economy
Singapore's retail sales up by 7.4% y-o-y to $4.7 bil in December 2022
Excluding motor vehicles, Singapore’s retail sales grew by 9.5% y-o-y to $4.3 billion.
February 03, 2023
Singapore economy
Singapore's retail sales up by 6.2% y-o-y to $4.0 bil in November 2022
In November, 14.8% of the sales were made online. This was mainly attributed to the year-end shopping events like Singles' Day.
January 05, 2023
REITs
What inflation? Shoppers out in force and boosting retail REITs
Singaporean consumers continue to spend, even as worries of soaring prices loom.
December 22, 2022
Global Economy
Briefs: Singapore July retail sales increase, Singapore hunts for global 'rainmakers' with new expat visa
In other news, Bitcoin is poised to escape from its tightest range in two years.
September 09, 2022
Singapore economy
Singapore retail sales increases by 13.7% y-o-y in July to $3.9 bil
The month of July registered a growth of 18.1% y-o-y excluding motor vehicles, with a sales value of $3.4 billion.
September 05, 2022
Singapore economy
Singapore's December retail sales rise 6.7% y-o-y to $4.4 bil
Excluding motor vehicles, Singapore’s total retail sales value for December grew 8.6% y-o-y and 2.0% y-o-y.
February 04, 2022
Singapore economy
Singapore's November retail sales up 1.9% y-o-y to $3.7 bil
The figures mark the second consecutive month of increase for retail sales on a y-o-y basis.
January 05, 2022