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

Retail sales in Singapore rose 1.1 percent year-on-year in November of 2016, compared to a downwardly revised 2.0 percent increase in October and missing estimates of a 2.0 percent growth. It was the third straight month of gain but the weakest in three months, mainly driven by sales of motor vehicles (+17.0 percent from +14.5 percent) and medical goods & toiletries (+4.4 percent). Sales also went up for recreational goods (+1.3 percent) and optical goods & books (+0.3 percent). In contrast, sales in department stores fell 1.5 percent, followed by those in supermarkets (-2.0 percent). Sales also declined for: food & beverages (-1.8 percent), petrol services (-1.1 percent), furniture (-3.9 percent) and watches & jewelry (-6.0 percent). On a monthly basis, retail sales increased by 0.2 percent, following an upwardly revised 1.8 percent rise. Retail Sales YoY in Singapore averaged 1.57 percent from 2010 until 2016, 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)
2016-11-15 05:00 AM Sep 2.0% -0.5% 2.5%
2016-12-15 05:00 AM Oct 2.2% 2.2% 3.8%
2017-01-13 05:00 AM Nov 1.1% 2.0% 2.0% 1.6%
2017-02-15 05:00 AM Dec 1.1% 0.9%
2017-03-15 05:00 AM Jan -0.3%
2017-04-13 05:00 AM Feb 4.2%




Singapore Consumer Last Previous Highest Lowest Unit
Retail Sales MoM 0.50 1.80 5.50 -6.90 percent [+]
Retail Sales YoY 1.10 2.00 20.10 -11.30 percent [+]
Consumer Spending 34250.50 34914.10 34914.10 4086.60 SGD Million [+]
Private Sector Credit 540987.90 537866.30 540987.90 56535.00 SGD Million [+]
Bank Lending Rate 5.35 5.35 14.98 5.30 percent [+]
Households Debt To Gdp 61.10 60.20 61.10 21.80 percent of GDP [+]
Gasoline Prices 1.40 1.37 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.10 2.00 20.10 -11.30 2010 - 2016 percent Monthly