Retail sales in Singapore climbed by 8.3% year-on-year in February 2026, rebounding sharply from a slightly upwardly revised 0.5% decline in the previous month. This marked the fastest rise in retail activity since February 2023, mainly driven by higher sales in department stores (16.8% vs -12.9% in January), food and alcohol (13.6% vs 1.9%), cosmetics, toiletries and medical goods (13% vs -0.2%), wearing apparel and footwear (8.8% vs -13.1%), and others (12.8% vs -14.7%). Total retail sales excluding motor vehicles, parts and accessories also recovered, up 11.2% after a 2.9% drop in January. On the other hand, turnover decreased for motor vehicles, parts and accessories (-7.8% vs 15.8%) and optical goods and books (-4.3% vs 12%). On a seasonally adjusted monthly basis, retail trade fell by 4.1% in February, the steepest since May 2021 and reversing a downwardly revised 6% gain in the preceding period. source: Statistics Singapore

Retail Sales in Singapore increased 8.30 percent in February of 2026 over the same month in the previous year. Retail Sales YoY in Singapore averaged 4.51 percent from 1986 until 2026, reaching an all time high of 80.90 percent in May of 2021 and a record low of -51.60 percent in May of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.

Retail Sales in Singapore increased 8.30 percent in February of 2026 over the same month in the previous year. Retail Sales YoY in Singapore is expected to be 1.80 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 YoY is projected to trend around 1.70 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-05 05:00 AM
Retail Sales YoY
Jan -0.4% 2.5% 3.1%
2026-04-06 05:00 AM
Retail Sales YoY
Feb 8.3% -0.5% 1.9%
2026-05-05 05:00 AM
Retail Sales YoY
Mar 8.3%


Related Last Previous Unit Reference
Consumer Spending 55262.20 52257.80 SGD Million Dec 2025
Gasoline Prices 3.38 2.84 USD/Liter Mar 2026
Households Debt to GDP 43.50 42.70 percent of GDP Sep 2025
Private Sector Credit 715462.20 711142.20 SGD Million Feb 2026
Retail Sales MoM -4.10 6.00 percent Feb 2026
Retail Sales YoY 8.30 -0.50 percent Feb 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
8.30 -0.50 80.90 -51.60 1986 - 2026 percent Monthly
Current Prices, NSA

News Stream
Singapore Retail Sales Growth Hits 3-Year High
Retail sales in Singapore climbed by 8.3% year-on-year in February 2026, rebounding sharply from a slightly upwardly revised 0.5% decline in the previous month. This marked the fastest rise in retail activity since February 2023, mainly driven by higher sales in department stores (16.8% vs -12.9% in January), food and alcohol (13.6% vs 1.9%), cosmetics, toiletries and medical goods (13% vs -0.2%), wearing apparel and footwear (8.8% vs -13.1%), and others (12.8% vs -14.7%). Total retail sales excluding motor vehicles, parts and accessories also recovered, up 11.2% after a 2.9% drop in January. On the other hand, turnover decreased for motor vehicles, parts and accessories (-7.8% vs 15.8%) and optical goods and books (-4.3% vs 12%). On a seasonally adjusted monthly basis, retail trade fell by 4.1% in February, the steepest since May 2021 and reversing a downwardly revised 6% gain in the preceding period.
2026-04-06
Singapore Retail Sales Fall to 11-Month Low
Retail sales in Singapore fell 0.4% year-on-year in January 2026, reversing a downwardly revised 2.5% rise in the previous month and marking the lowest level since February 2025. The decline was broad-based, with department stores (-12.3% vs -3% in December), petrol service stations (-9.7% vs -9.1%), wearing apparel and footwear (-12.9% vs -2.1%), and others (-14.9% vs -10.2%) among the hardest hit. Sales also fell in supermarkets and hypermarkets (-9.7% vs 3.7%), mini-marts and convenience stores (-2.7% vs 6.7%), and cosmetics, toiletries, and medical goods (-0.4% vs 0.2%), reversing gains from the previous month. Moreover, sales growth in computer and telecommunication equipment moderated to 14.1% from 18.8%. On a seasonally adjusted monthly basis, retail sales rose 6.1% in January, recovering from a revised 2.7% decline in December, marking the highest level since March 2022.
2026-03-05
Singapore Retail Sales Ease to 3-Month Low
Retail sales in Singapore rose by 2.7% year-on-year in December 2025, slowing from a downwardly revised and near two-year high of 6.2% gain in the previous month. This marked the weakest growth since September 2025, as sales growth moderated across several categories, including supermarkets and hypermarkets (4% vs 6.8% in November), minimarts and convenience stores (4.9% vs 8.9%), cosmetics, toiletries and medical goods (0.2% vs 12%), recreational goods (13.4% vs 14%), watches and jewelry (7.1% vs 10.9%), and optical goods and books (1% vs 5.1%). In addition, sales slipped for department stores (-1.7% vs 2.6%) and wearing apparel and footwear (-1.8% vs 6.3%), while declines deepened for food and alcohol (-7.1% vs -3.2%) and petrol service stations (-9.1% vs -6.7%). On a seasonally adjusted monthly basis, retail sales tumbled to 5.4%, from a revised 0.2% fall in November, marking the steepest decline since May 2021.
2026-02-05