5 days ago · Total retail sales were estimated at $4.6b. Retail sales in Singapore fell 2.9% year-on-year in December 2024, following a 0.5% decline in November, the Department of Statistics reported.. Excluding motor vehicles, sales dropped 4.0%, extending November’s 1.1% fall. On a seasonally adjusted basis, retail sales fell 1.5% month-on-month, whilst sales excluding motor vehicles declined 3.5%.

6 days ago · Ling expects retail sales to expand around 2 per cent yoy in 2025, compared to the 1.2 per cent growth in 2024, and 2.3 per cent in 2023. This could be driven by increased tourist arrivals in Singapore, resilient domestic labour market conditions that “should underpin domestic consumption”, as well as a higher Certificate of Entitlement quota, she said.

6 days ago · SINGAPORE - Retail sales remained subdued in December 2024, partly due to more residents travelling abroad during the year-end school holidays, analysts say. Takings declined 2.9 per cent in that...

5 days ago · Retail sales in Singapore fell 2.9% on-year in December 2024 to S$4.6 billion. Analysts said there is no cause for concern, citing more outbound year-end travel among Singaporeans and consumers ...

Retail Sales in Singapore decreased 2.90 percent in December of 2024 over the same month in the previous year. Retail Sales YoY in Singapore is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

Jan 3, 2025 · SINGAPORE – Retail sales defied optimistic market expectations and fell markedly in November. Takings at the till dropped 0.7 per cent, a sharp reversal from the 2.4 per cent growth in October,...

Retail sales declined 2.9% in Dec 2024 compared to Dec 2023. Excluding motor vehicles, retail sales decreased 4.0%. Sales of food & beverage services increased 1.0% in Dec 2024 compared to Dec 2023.

Online Food & Beverage Sales Proportion, Monthly Value Of Food & Beverage Sales (Based On 2017=100 Index) - Estimated, Monthly. Download all in Excel (127 KB)

Dec 5, 2024 · Total retail sales value in October came in at an estimated $4.1 billion, with online shopping accounting for about 12.7 per cent, down from the 13.8 per cent recorded in September.

Jan 5, 2024 · The estimated total retail sales value in November 2023 was $4.1 billion. Of this, an estimated 15.2% were from online retail sales, higher than the 13.1% recorded in October 2023.