Economic Calendar > Calendar Details
SingaporeJanuaryYear-on-year retail sales growth rate
| Latest Release | Actual Value | Forecast Value | Previous Value | Next Release Time | Release Frequency | Importance |
|---|---|---|---|---|---|---|
| 2026-03-05 | -0.4% | 2.8% | 2.7% | 2026-04-06 13:00 | Monthly |
|
Historical Data
Actual Value
Forecast Value
1 Year
2 Years
5 Years
Start Date
to
End Date
Definition
The annual rate of Singapore's retail sales refers to the non-seasonally adjusted annual rate, and the monthly rate tracks the seasonally adjusted monthly rate. Singapore's core retail sales refer to retail sales excluding motor vehicles. Retail sales are the statistical aggregation of retail sales amounts, including the total value of goods sold in cash or on credit by all stores mainly engaged in retail business. Expenses incurred in the service industry are not included in retail sales.
Impact on Market
Why It Matters
An increase in a country's retail sales indicates an increase in consumer spending in that country, an improvement in the economic situation, and interest rates may be raised, which is beneficial to the country's currency. Conversely, if retail sales decline, it indicates a slowdown or poor economic climate, interest rates may be lowered, which is generally negative for the country's currency.
Released By
Singapore Department of Statistics
