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Back to Economic Calendar

Retail Sales YoY

SG

Key Values

Actual
4
Forecast
4.80
Previous
2.90

About This Indicator

Description

Measures the change in the total value of inflation-adjusted sales at the retail level compared to the same month in the previous year. It is a primary indicator of consumer spending, which accounts for the majority of overall economic activity. High readings suggest a robust economy and increased consumer confidence, often leading to inflationary pressure.

Methodology

Calculated by surveying a broad sample of retail firms of various sizes and types across the country. The data is then weighted to represent the entire retail sector and adjusted for seasonal variations to ensure accuracy.

Source: Singapore Department of Statistics

Full History

Historical Data
View data as table
DateActualForecastSurprise
Sep 4, 2026—4.30—
Aug 5, 20264.004.80-0.80
Jul 6, 20263.006.00-3.00
Jun 5, 20265.403.80+1.60
May 5, 20264.607.60-3.00
Apr 6, 20268.301.90+6.40
Mar 5, 2026-0.403.10-3.50
Feb 5, 20262.705.50-2.80
Jan 5, 20266.30——
Dec 5, 20254.502.50+2.00
Nov 5, 20252.802.00+0.80
Oct 3, 20255.202.50+2.70
Sep 5, 20254.802.00+2.80
Aug 5, 20252.300.90+1.40
Jul 4, 20251.400.60+0.80
Jun 5, 20250.301.80-1.50
May 5, 20251.101.20-0.10
Apr 4, 2025-3.602.10-5.70
Mar 5, 20254.50-2.00+6.50
Feb 5, 2025-2.901.40-4.30
Jan 3, 2025-0.70——
Dec 5, 20242.200.80+1.40
Nov 5, 20242.001.00+1.00
Oct 4, 20240.600.40+0.20
Sep 5, 20241.002.30-1.30
Aug 5, 2024-0.601.20-1.80
Jul 5, 20242.200.40+1.80
Jun 5, 2024-1.202.20-3.40
May 3, 20242.701.50+1.20
Apr 5, 20248.40-2.00+10.40
Mar 5, 20241.303.50-2.20
Feb 5, 2024-0.401.70-2.10
Jan 5, 20242.500.40+2.10
Dec 5, 2023-0.10-0.30+0.20
Nov 3, 20230.60-0.20+0.80
Oct 5, 20234.000.80+3.20
Sep 5, 20231.100.90+0.20
Aug 4, 20231.101.00+0.10
Jul 5, 20231.802.80-1.00
Jun 5, 20233.603.10+0.50
May 5, 20234.502.00+2.50
Apr 5, 202312.701.00+11.70
Mar 3, 2023-0.806.00-6.80
Feb 3, 20237.403.50+3.90
Jan 5, 20236.209.00-2.80
Dec 5, 202210.409.00+1.40
Nov 4, 202211.2011.10+0.10
Oct 5, 202213.0012.00+1.00
Sep 5, 202213.7011.00+2.70
Aug 5, 202214.8016.50-1.70
Jul 5, 202217.8011.80+6.00
Revision history
DateFirst printCurrentRevision
Jul 6, 2026330 ↓
May 5, 20264.804.60-0.20 ↓

Statistics

Mean
2.27
Std Deviation
2.64
Trend
Rising
Forecast Accuracy
78.9%
Data Points
162
YoY
+2.60

Upcoming Releases

Sep 4
05:00
Retail Sales YoY
In 2 days
F: 4.30P: 4
Oct 2
05:00
Retail Sales YoY
In 30 days