Singapore Retail Sales YoY
Singapore's retail sales year-on-year (YoY) increased to 5.2% in August 2025. This is an acceleration from 4.6% in July 2025 and the highest growth since February 2024. Strong sales in watches and jewellery, recreational goods and motor vehicles drove the increase. Higher tourist arrivals and CDC voucher distribution also boosted spending. Singapore's record low Singapore retail sales yoy was -51.6% in May 2020 and record high was 80.9% in May 2021.
Monthly Historical Data (2015-2025)
(in %)Recent Events
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Singapore Retail Sales YoY : Definition
Singapore retail sales year-on-year is the percentage change in the total value of goods and services sold by retail establishments, relative to the corresponding period in the prior year. It is derived by comparing current sales figures against those from the same period a year before. The data includes various trade categories such as supermarkets, department stores and motor vehicles, weighted by their respective sales contributions.