Singapore Retail Sales YoY  2010-2017 | Data | Chart | Calendar | Forecast

Retail sales in Singapore unexpectedly rose 2.1 percent yoy in March 2017 from an upwardly revised 2.6 percent fall in February and beating estimates of a 4.5 percent fall. Sales rose at a faster pace for: watches & jewelry (7.8 percent vs 0.1 percent), optical goods & books (4.2 percent vs 2.7 percent), medical goods (4.9 percent vs 4.5 percent). In contrast, sales increased at a slower pace for: petrol (11.3 percent vs 14.6 percent), motor vehicles (6.9 percent vs 9.4 percent), recreational goods (3.2 percent vs 3.3 percent), household equipment (2.4 percent vs 3.8 percent) and fell for food & beverages (-7.9 percent vs -17.5 percent) . On a monthly basis, retail sales fell 0.3 percent, after an upwardly revised 2.5 percent rise in February and compared to market expectations of a 3 percent rise. Retail Sales YoY in Singapore averaged 1.52 percent from 2010 until 2017, reaching an all time high of 20.10 percent in February of 2012 and a record low of -11.30 percent in February of 2011.

Singapore Retail Sales YoY
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-10 05:00 AM Jan 2.0% 0.7% -0.5% -0.3%
2017-04-12 05:00 AM Feb -2.5% 2.3% 1.5% 4.2%
2017-05-12 05:00 AM Mar 2.1% -2.6% -4.5% -3.8%
2017-06-12 05:00 AM Apr 2.1% 3.2%
2017-07-12 05:00 AM May 3.7%
2017-08-15 05:00 AM Jun 4.0%




Singapore Consumer Last Previous Highest Lowest Unit
Retail Sales MoM -0.30 2.50 5.50 -6.90 percent [+]
Retail Sales YoY 2.10 -2.60 20.10 -11.30 percent [+]
Consumer Spending 34576.60 34316.00 35136.10 4086.60 SGD Million [+]
Private Sector Credit 556838.40 556396.00 556838.40 56535.00 SGD Million [+]
Bank Lending Rate 5.28 5.28 14.98 5.28 percent [+]
Households Debt To Gdp 62.10 61.10 62.10 21.80 percent of GDP [+]
Gasoline Prices 1.48 1.47 1.80 0.61 USD/Liter [+]


Singapore Retail Sales YoY Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.10 -2.60 20.10 -11.30 2010 - 2017 percent Monthly