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Singapore retail sales
Singapore economy
Resilient shopper sentiment despite inflation
Despite surging store prices amid high consumer demand and inflation, shoppers are on a retail therapy binge.
August 03, 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
Sector Focus
Singapore retail sales recovering to pre-pandemic levels
Retail sales in Singapore are expected to return to pre-pandemic levels by the end of this year, says RHB economist Barnabas Gan.
July 07, 2022
Investing strategies
Retail sales in Singapore to return to pre-Covid levels: RHB
RHB economist Barnabas Gan believes that Singapore’s retail sales will return to pre-Covid levels by the end of 2022.
July 06, 2022
Singapore economy
Singapore retail sales increases 12.1% in April
The month of April registered a growth of 17.4% y-o-y excluding motor vehicles.
June 03, 2022
Singapore economy
Singapore's March retail sales surprises on upside with 8.7% y-o-y growth
UOB economist Barnabas Gan is estimating that Singapore’s retail sales will expand by another 6.0% in 2022.
May 05, 2022