5 June 2026, 10:54 Singapore: Retail Sales Rise for 3rd Month.
Retail sales in Singapore rose by 5.4% year-on-year in April 2026, accelerating from a downwardly revised 4.6% increase in the previous month. This marked the third consecutive month of growth in retail activity, largely driven by sharply higher sales in petrol service stations (14.4% vs 4% in March), recreational goods (12.3% vs 9.1%), and motor vehicles, parts and accessories (10.7% vs 12.9%). Turnover also increased for clothing and footwear (7.8% vs 3.7%) and supermarkets and hypermarkets (5.8% vs 2.6%), while activity declined less in department stores (-1.1% vs -5.5%). In contrast, sales growth significantly softened for computer and telecommunications equipment (2.8% vs 14.7%), while revenues decreased sharply for other goods (-6.6% vs 0%). On a seasonally adjusted monthly basis, retail activity grew by 0.3% in April, easing from a downwardly revised 3.4% gain in the preceding period.
© 1999-2026 Forex EuroClub
All rights reserved