Singapore Retail Sales YoY  Forecast


Retail Sales YoY in Singapore is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Singapore to stand at 1.80 in 12 months time. In the long-term, the Singapore Retail Sales YoY is projected to trend around 2.65 percent in 2020, according to our econometric models.


Singapore Retail Sales YoY
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Singapore Consumer Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Retail Sales MoM 3 0.3 -1.1 -0.6 -0.6 -0.5
Retail Sales YoY 1.8 2.9 3.3 2.9 1.8 2.65
Consumer Spending 34468 36087 35220 35100 35100 37671
Private Sector Credit 561460 561915 562033 561879 561541 555509
Bank Lending Rate 5.28 5 4.75 4.75 4.5 3.25
Households Debt To Gdp 60.5 60.8 60.7 58.91 58.81 63
Gasoline Prices 1.53 1.48 1.45 1.4 1.37 1.36