Singapore Retail Sales YoY  1986-2017 | Data | Chart | Calendar | Forecast

Retail sales in Singapore unexpectedly declined by 0.5 percent year-on-year in September of 2017, compared to an upwardly revised 3.7 percent rise in the prior month and missing market estimates of a 3.5 percent gain. It was the first drop in retail trade since February as sales went down for: motor vehicles (-15.3 pct vs 2.8 pct in August); furniture & household equipment (-3.1 pct vs 3.7 pct); computer & telecommunications equipment (-7.4 pct vs 4.3 pct) and optical goods & books (-2.3 pct vs -4.3 pct). In addition, sales fell in mini-marts (-1.3 pct vs -1.1 pct). On the other hand, sales grew for: petrol service (9.2 pct vs 9.5 pct); medical goods (7.6 pct vs 7.3 pct); footwear (8.3 pct vs 6.3 pct); recreational goods (4.7 pct vs 8.3 pct); and watches & jewelry (4.4 pct vs 1.7 pct). Also, sales increased in supermarkets (9.8 pct vs 6.3 pct). On a monthly basis, retail sales decreased by 4.2 percent, following an upwardly revised of flat reading in August. Retail Sales YoY in Singapore averaged 5.22 percent from 1986 until 2017, reaching an all time high of 51.10 percent in February of 1988 and a record low of -28.20 percent in February of 1986.

Singapore Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-12 05:00 AM Retail Sales YoY 1.8% 2.0% 1.5% 1.9%
2017-10-12 05:00 AM Retail Sales YoY 3.5% 1.7% 3.5% 5.8%
2017-11-10 05:00 AM Retail Sales YoY -0.5% 3.7% 3.5% 3.2%
2017-12-12 05:00 AM Retail Sales YoY -0.5% 1.7%


Singapore Consumer Last Previous Highest Lowest Unit
Retail Sales MoM -4.20 0.00 28.90 -33.20 percent [+]
Retail Sales YoY -0.50 3.70 51.10 -28.20 percent [+]
Consumer Spending 34467.90 34576.60 35136.10 4086.60 SGD Million [+]
Private Sector Credit 564865.00 563688.10 564865.00 56535.00 SGD Million [+]
Bank Lending Rate 5.28 5.28 14.98 5.28 percent [+]
Households Debt To Gdp 60.50 61.00 62.10 21.80 percent of GDP [+]
Gasoline Prices 1.57 1.58 1.80 0.61 USD/Liter [+]


Singapore Retail Sales YoY

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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.50 3.70 51.10 -28.20 1986 - 2017 percent Monthly