Retail sales in Singapore rose 6.1% month-on-month in January 2026, recovering from a revised 2.7% decline in December, and marking the highest level since March 2022. Retail Sales MoM in Singapore averaged 0.43 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 increased 6.10 percent in January of 2026 over the previous month.

Retail Sales in Singapore increased 6.10 percent in January of 2026 over the previous month. Retail Sales MoM in Singapore is expected to be 0.20 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, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-05 05:00 AM
Retail Sales MoM
Dec -5.4% -0.2% 0.9%
2026-03-05 05:00 AM
Retail Sales MoM
Jan 6.1% -2.7% 4.0%
2026-04-06 05:00 AM
Retail Sales MoM
Feb 6.1%


Related Last Previous Unit Reference
Consumer Spending 55262.20 52257.80 SGD Million Dec 2025
Gasoline Prices 2.84 2.84 USD/Liter Feb 2026
Households Debt to GDP 43.50 42.70 percent of GDP Sep 2025
Private Sector Credit 711142.20 707774.30 SGD Million Jan 2026
Retail Sales MoM 6.10 -2.70 percent Jan 2026
Retail Sales YoY -0.40 2.50 percent Jan 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
6.10 -2.70 47.10 -31.40 1985 - 2026 percent Monthly
Current Prices, SA