Singapore Retail Sales MoM  Forecast


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Retail Sales MoM in Singapore is expected to be -1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Singapore to stand at 0.46 in 12 months time. In the long-term, the Singapore Retail Sales MoM is projected to trend around -0.50 percent in 2020, according to our econometric models.


Singapore Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Retail Sales MoM -4.2 -1.1 -0.6 -0.6 0.46 -0.5
Retail Sales YoY -0.5 3.3 2.9 1.8 3.51 2.65
Consumer Spending 34468 34488 35100 35100 34439 34260
Private Sector Credit 564865 566467 567517 567954 567996 563345
Bank Lending Rate 5.28 4.75 4.75 4.5 5.51 3.25
Households Debt To Gdp 60.5 60.7 59.07 58.75 58.45 63
Gasoline Prices 1.57 1.51 1.4 1.37 1.37 1.36