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

Retail sales in Singapore rose 0.4 percent year-on-year in December of 2016, following a downwardly revised 0.7 percent gain in November, missing estimates of a 1.4 percent growth. It was the 4th straight month of rise but the weakest since September. Sales went up at a slower pace for motor vehicles (0.9 percent vs 17.0 percent) and others (4.7 percent vs 7.7 percent), but rose more for: medical goods (9.9 percent vs 4.4 percent), supermarkets (0.8 percent vs -2.0 percent), minimarts (1.3 percent vs -1.3 percent) and furniture (2.1 percent vs -3.5 percent). In contrast, sales fell in department stores (-0.3 percent vs 3.9 percent), followed by those of food & beverages (-2.1 percent vs -1.7 percent), petrol (-2.2 percent vs -1.1 percent), apparel (-1.8 percent vs -4.4 percent), watches (-0.7 percent vs -6.0 percent) and telecommunications (-9.0 percent vs -11.3 percent). On a monthly basis, retail sales dropped 1.9 percent, after a downwardly revised flat growth in November. Retail Sales YoY in Singapore averaged 1.55 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)
2016-12-15 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 0.4% 0.7% 1.4% 2.9%
2017-03-15 05:00 AM Jan 0.4% -0.3%
2017-04-13 05:00 AM Feb 4.2%
2017-05-15 05:00 AM Mar 2.1%




Singapore Consumer Last Previous Highest Lowest Unit
Retail Sales MoM -1.90 0.00 5.50 -6.90 percent [+]
Retail Sales YoY 0.40 0.70 20.10 -11.30 percent [+]
Consumer Spending 34250.50 34914.10 34914.10 4086.60 SGD Million [+]
Private Sector Credit 545308.00 540987.90 545308.00 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 1.45 1.40 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.70 20.10 -11.30 2010 - 2016 percent Monthly