Singapore Retail Sales YoY  2010-2017 | Data | Chart | Calendar | Forecast

Retail sales in Singapore unexpectedly fell 2.5 percent year-on-year in February 2017 from an upwardly revised 2.3 percent increase in January and missing market estimates of a 1.5 percent rise. It was the first drop since August 2016, due to a decrease in sales of food & beverages (-17.4 percent vs 20.30 percent), department stores (-15 percent vs 3.1 percent), computer & telecommunications (-5.7 percent vs 1.0 percent), supermarkets (-15.4 percent vs 12.5 percent), mini-marts (-8.9 percent vs -2.8 percent). In contrast, sales rose for: petrol (14.6 percent vs 7.1 percent), motor vehicles (9.4 percent vs 2.1 percent), and watches & jewelry (0.1 percent vs 6.8 percent). Sales rebounded for: optical goods & books (2.6 percent vs -9.6 percent), recreational goods (4.0 percent vs -2.1 percent). On a monthly basis, retail sales rose 2.3 percent, after a downwardly revised 1.1 percent drop in January and market expected a 1 percent fall. Retail Sales YoY in Singapore averaged 1.51 percent from 2010 until 2017, reaching an all time high of 20.10 percent in February of 2012 and a record low of -11.30 percent in February of 2011.

Singapore Retail Sales YoY
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-15 05:00 AM Dec 0.4% 0.7% 1.4% 2.9%
2017-03-10 05:00 AM Jan 2.0% 0.7% -0.5% -0.3%
2017-04-12 05:00 AM Feb -2.5% 2.3% 1.5% 4.2%
2017-05-12 05:00 AM Mar -2.5% 2.1%
2017-06-12 05:00 AM Apr 3.2%
2017-07-12 05:00 AM May 3.7%




Singapore Consumer Last Previous Highest Lowest Unit
Retail Sales MoM 2.30 -1.10 5.50 -6.90 percent [+]
Retail Sales YoY -2.50 2.30 20.10 -11.30 percent [+]
Consumer Spending 34316.00 34294.00 35136.10 4086.60 SGD Million [+]
Private Sector Credit 556396.00 547466.20 556396.00 56535.00 SGD Million [+]
Bank Lending Rate 5.28 5.28 14.98 5.28 percent [+]
Households Debt To Gdp 62.10 61.10 62.10 21.80 percent of GDP [+]
Gasoline Prices 1.47 1.47 1.80 0.61 USD/Liter [+]


Singapore Retail Sales YoY Notes

In Singapore, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides the latest reported value for - Singapore Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2.50 2.30 20.10 -11.30 2010 - 2017 percent Monthly