Singapore Retail Sales Growth Picks Up in September

2026-11-05 05:21 By Judith Sib-at 1 min. read

Retail sales in Singapore rose by 1.7% year-on-year in September 2026, accelerating from an upwardly revised 0.8% increase in August.

Sales growth was particularly strong in computer and telecommunications equipment (16.5% vs 11.0% in August), petrol service stations (6.5% vs 3.2%), and furniture and household equipment (5.3% vs 0.7%).

Sales in supermarkets and hypermarkets also went up (2.2% vs 1.8%), while sales of other goods rebounded (3.3% vs -4.6%).

In contrast, growth slowed in cosmetics, toiletries and medical goods (6.0% vs 10.7%).

In addition, sales dropped further in mini-marts and convenience stores (-5.6% vs -0.3%) and for optical goods and books (-2.5% vs -0.5%).

Fresh declines were also recorded in department stores (-3.4% vs 2.2%), wearing apparel and footwear (-1.5% vs 0.8%), and recreational goods (-0.1% vs 6.8%).

On a seasonally adjusted monthly basis, retail sales decreased by 1.0%, following a downwardly revised 0.9% fall in August.



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Singapore Retail Sales Growth Picks Up in September
Retail sales in Singapore rose by 1.7% year-on-year in September 2026, accelerating from an upwardly revised 0.8% increase in August. Sales growth was particularly strong in computer and telecommunications equipment (16.5% vs 11.0% in August), petrol service stations (6.5% vs 3.2%), and furniture and household equipment (5.3% vs 0.7%). Sales in supermarkets and hypermarkets also went up (2.2% vs 1.8%), while sales of other goods rebounded (3.3% vs -4.6%). In contrast, growth slowed in cosmetics, toiletries and medical goods (6.0% vs 10.7%). In addition, sales dropped further in mini-marts and convenience stores (-5.6% vs -0.3%) and for optical goods and books (-2.5% vs -0.5%). Fresh declines were also recorded in department stores (-3.4% vs 2.2%), wearing apparel and footwear (-1.5% vs 0.8%), and recreational goods (-0.1% vs 6.8%). On a seasonally adjusted monthly basis, retail sales decreased by 1.0%, following a downwardly revised 0.9% fall in August.
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Retail sales in Singapore grew by 0.7% year-on-year in August 2026, slowing from a downwardly revised 1.3% increase in July and marking the softest rise since September 2023. The slowdown was driven mainly by a sharp decline in sales of motor vehicles, parts and accessories (-4.6% vs 1.3% in July), watches and jewellery (-2.7% vs 10.3%), and other goods (-4.3% vs -3.7%). At the same time, turnover growth slowed for recreational goods (4.3% vs 14.3%). In contrast, revenue accelerated for cosmetics, toiletries and medical goods (11.2% vs 4.5%), computer and telecommunications equipment (10.7% vs 5%), and department stores (1.6% vs -3.5%). Petrol service stations also rebounded to 3.2% from a 1.1% decline. Meanwhile, sales excluding motor vehicles, parts and accessories rose 1.6%, accelerating from 1.3% in July. On a seasonally adjusted monthly basis, retail activity dropped by 1%, slipping from a downwardly revised 0.6% gain in July.
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Retail sales in Singapore grew by 1.5% year-on-year in July 2026, marking the softest rise since May 2025 and slowing from a 4% increase in the previous month. The slowdown was mainly driven by declines in sales for department stores (-3.5% vs -9.8% in June), food and alcohol (-5.1% vs -1.2%), optical goods and books (-2.2% vs 0%), and other goods (-4% vs 1.1%). At the same time, turnover growth moderated for motor vehicles, parts and accessories (1.4% vs 3.6%), cosmetics toiletries and medical goods (4.5% vs 8.7%), and computer and telecommunications equipment (5.1% vs 11.6%). In contrast, revenues accelerated for recreational goods (13.9% vs 7.6%) and watches and jewelry (11.1% vs 10.6%). Meanwhile, total retail sales, excluding motor vehicles, parts and accessories, rose by 1.5%, following a 4.1% gain in June. On a seasonally adjusted monthly basis, retail activity increased by 0.9%, the same pace as in the preceding period.
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