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Singapore’s Department of Statistics (SingStat)
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
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
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
Singapore economy
Singapore's January retail sales up 11.8% y-o-y, beating market estimates
UOB economist Barnabas Gan says retail sales will likely continue to remain supported in 2022, with sales expanding by 6% in 2022
March 04, 2022
Singapore economy
Singapore's headline inflation comes in at 2.4% for June; MAS and MTI raise forecast
MAS and MTI have raised their headline inflation forecast for 2021 to between 1%-2%.
July 23, 2021
Singapore economy
CPI for retiree households up by 0.1%, while CPI for households with young children decline by 0.4% in 2020: SingStat
SingStat, on July 13, released an Occasional Paper on “The CPI for Retiree Households and Households with Young Children".
July 13, 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
Broker's Calls
Continue to 'add' Sheng Siong as supermarket sales still in growth mode: CGS-CIMB
CGS-CIMB has retained its ‘add’ call for Sheng Siong with an unchanged target price of $1.88.
April 14, 2021