Retail Sales in Singapore decreased 0.60 percent in August of 2021 over the previous month. source: Statistics Singapore

Retail Sales MoM in Singapore averaged 0.43 percent from 1985 until 2021, reaching an all time high of 49.20 percent in June of 2020 and a record low of -31.60 percent in April of 2020. This page provides the latest reported value for - Singapore Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

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. In the long-term, the Singapore Retail Sales MoM is projected to trend around -0.50 percent in 2022, according to our econometric models.

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Singapore Retail Sales MoM

Calendar GMT Actual Previous Consensus TEForecast
2021-09-03 05:00 AM Jul 0.8% 1.9% 0.8%
2021-10-05 05:00 AM Aug -0.6% 0.9% 0.1%
2021-11-05 05:00 AM Sep

Singapore Last Unit Reference Previous Highest Lowest
Retail Sales MoM -0.60 percent Aug/21 0.90 49.20 -31.60
Retail Sales YoY -2.80 percent Aug/21 0.20 79.90 -51.60
Consumer Spending 39167.60 SGD Million Jun/21 40396.40 45093.10 4470.60

Singapore Retail Sales MoM
In Singapore, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Singapore, Retail sales are seasonal, volatile and relatively important to the overall economy.