Retail Sales MoM in Singapore is expected to be 1.50 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 -2.90 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.


Forecast Data Chart
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Singapore Consumer Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Retail Sales MoM -0.4 1.5 0.2 -0.3 -2.9 -0.5
Retail Sales YoY 1.9 3.5 -1.7 1.6 0.3 3
Consumer Spending 37427 38347 37269 38475 38362 40288
Private Sector Credit 595389 590000 601000 603500 607000 634000
Bank Lending Rate 5.33 5.68 5.58 5.68 5.48 4.88
Households Debt To GDP 58.4 58.2 58.9 59.5 59.4 60
Gasoline Prices 1.68 1.65 1.62 1.59 1.56 1.45