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 3.50 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Retail Sales MoM 5.1 -0.6 -0.6 0.47 1.5 -0.5
Retail Sales YoY 5.3 2.9 1.8 3.28 3.5 2.65
Consumer Spending 35321 35100 35100 35806 35844 35804
Private Sector Credit 575354 584900 588974 591324 592591 590744
Bank Lending Rate 5.28 4.75 4.5 5.45 4.25 3.25
Households Debt To Gdp 60.7 60.37 60.23 60.07 61 63
Gasoline Prices 1.62 1.62 1.62 1.57 1.58 1.36