Singapore Consumer Spending - Forecast

Consumer Spending in Singapore is expected to be 37513.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Singapore to stand at 37043.00 in 12 months time. In the long-term, the Singapore Consumer Spending is projected to trend around 39974.00 SGD Million in 2020, according to our econometric models.


Forecast Data Chart
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Singapore Consumer Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Retail Sales MoM 1.2 0.2 1.5 0.2 -0.3 -0.5
Retail Sales YoY 2 1.9 3.5 -1.7 1.6 3
Consumer Spending 37427 37513 38535 37088 38250 39974
Private Sector Credit 589579 587000 590000 601000 603500 634000
Bank Lending Rate 5.33 5.35 5.4 5.3 5.2 4.6
Households Debt To Gdp 58.7 58.4 58.2 58.9 59.2 60
Gasoline Prices 1.67 1.67 1.57 1.48 1.4 0.74