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retail sales index (RSI)
Singapore economy
Singapore's September retail sales up 6.6% y-o-y, reversing from August's decline
On a y-o-y basis, most industries recorded growth in sales, led by the computer & telecommunications equipment sector.
November 05, 2021
Singapore economy
Singapore’s August retail sales falls 2.8% y-o-y, first decline in months
The fall was driven by lower motor vehicle sales that corresponded with the lower COE quota this year.
October 05, 2021
Singapore economy
Singapore registers July retail sales of $3.4 bil, growing only 0.2% y-o-y
On a month-on-month basis, Singapore's retail sales grew 0.8%.
September 03, 2021
Singapore economy
Singapore retail sales grow 25.8% y-o-y in June on low base; value still remains below pre-Covid-19 levels
The y-o-y growth in June was smaller compared to the 79.9% y-o-y increase posted in May due to the CB measures in 2020.
August 05, 2021
Singapore economy
Singapore's April retail sales grew 54% y-o-y, but still remain below pre-Covid levels
Retail sales surged from a low base the previous year due to the Circuit Breaker.
June 04, 2021
Singapore economy
Singapore retail sales grow 6.2% y-o-y in March, boosted by higher y-o-y sales in watches & jewellery
While the 6.2% expansion marks the second straight month of growth, it missed economists’ expectations of a 7.1% growth y-o-y.
May 05, 2021
Singapore economy
Singapore retail sales grow 5.2% y-o-y in February on CNY celebrations
The increase in sales was led by watches and jewellery, which reported higher sales of 34.1% y-o-y.
April 05, 2021
Singapore economy
Total retail sales decline 6.1% y-o-y in January 2021, marking 24 consecutive months of contraction
Economists from UOB and OCBC expect retail sales to rebound by 1% and 13% respectively y-o-y for the FY2021.
March 05, 2021
Singapore economy
Singapore retail trade drops 3.6% y-o-y in December on lower sales in cosmetics, toiletries & medical goods
Excluding motor vehicles, retail sales fell 4.5% y-o-y, compared to the 2.8% decline in November.
February 05, 2021
Singapore economy
Total retail sales fell 1.9% in November 2020, an improvement from decline in October
The smaller decline in retail sales was due mainly to events such as the Singles’ Day and Black Friday sales.
January 05, 2021