Retail sales in Singapore dropped by 1% month-over-month in August 2026, slipping from a downwardly revised 0.6% gain in the previous month. Retail Sales MoM in Singapore averaged 0.42 percent from 1985 until 2026, reaching an all time high of 47.10 percent in June of 2020 and a record low of -31.40 percent in April of 2020. source: Statistics Singapore

Retail Sales in Singapore decreased 1 percent in August of 2026 over the previous month.

Retail Sales in Singapore decreased 1 percent in August of 2026 over the previous month. Retail Sales MoM in Singapore is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Retail Sales MoM is projected to trend around 0.60 percent in 2027 and 0.10 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-07 05:00 AM
Retail Sales MoM
Jul 0.9% 0.9% 1.4%
2026-10-05 05:00 AM
Retail Sales MoM
Aug -1% 0.6% 0.3%
2026-11-05 05:00 AM
Retail Sales MoM
Sep -1% 0.4%


Related Last Previous Unit Reference
Consumer Spending 54461.40 53861.30 SGD Million Jun 2026
Gasoline Prices 2.71 2.63 USD/Liter Sep 2026
Households Debt to GDP 44.10 44.00 percent of GDP Mar 2026
Private Sector Credit 759114.00 749609.60 SGD Million Aug 2026
Retail Sales MoM -1.00 0.60 percent Aug 2026
Retail Sales YoY 0.70 1.30 percent Aug 2026


Singapore Retail Sales MoM
In Singapore, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Singapore, Retail sales are seasonal, volatile and relatively important to the overall economy.
Actual Previous Highest Lowest Dates Unit Frequency
-1.00 0.60 47.10 -31.40 1985 - 2026 percent Monthly
Current Prices, SA