5 January 2026, 13:41 Singapore: Retail Sales Growth Hits 21-Month High.
Retail sales in Singapore increased by 6.3% year-on-year in November 2025, accelerating from a downwardly revised 4.4% gain in the previous month and marking the strongest growth since February 2024. Sales rose at a faster pace for motor vehicles (10.4% vs 9.7% in October), supermarkets and hypermarkets (6.8% vs 3.6%), mini-marts and convenience stores (9.2% vs 3.3%), and cosmetics, toiletries, and medical goods (11.4% vs 8.0%), while rebounding for department stores (2.1% vs -1.7%). Meanwhile, sales growth eased for watches and jewellery (13.1% vs 25.0%), recreational goods (13.9% vs 20.4%), and optical goods and books (3.5% vs 6.6%). In addition, sales declined at a softer pace for food and alcohol (-3.1% vs -5.8%) and petrol service stations (-6.7% vs -17.0%). On a seasonally adjusted monthly basis, retail sales were unchanged in November, after rising 2.3% in October.
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