Retail Sales in Singapore increased 5.20 percent in August of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Singapore Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Singapore Retail Sales Growth

• Singapore Retail Sales dropped 3.0 % YoY in Jan 2025, compared with a 4.0 % decrease in the previous month.
• Singapore Retail Sales Growth YoY data is updated monthly, available from Jan 1986 to Jan 2025, with an average growth rate of 2.4 %.
• The data reached an all-time high of 65.6 % in May 2021 and a record low of -45.7 % in May 2020.
• In the latest reports, Car Sales of Singapore recorded 4,340.0 units in Nov 2024, representing a growth of 44.7 %.

Retail Sales in Singapore increased 0.50 percent in August of 2025 over the previous month. This dataset 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.

In 2023, the retail sales index in Singapore was at **, an increase of around ** index points compared to 2020. The retail sales index had decreased in 2020 due to an overall decrease in spending during the COVID-19 pandemic and the lockdowns imposed.

Singapore Retail Sales Value: OSP: Computer & Telecommunications Equipment data was reported at 50.500 % in Mar 2025. This records a decrease from the previous number of 51.700 % for Feb 2025. Singapore Retail Sales Value: OSP: Computer & Telecommunications Equipment data is updated monthly, averaging 49.100 % from Jan 2019 (Median) to Mar 2025, with 75 observations. The data reached an all-time high of 94.600 % in May 2020 and a record low of 21.500 % in May 2019. Singapore Retail Sales Value: OSP: Computer & Telecommunications Equipment data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.H: Retail Sales and Food & Beverage Services Value.

The food services segment in Singapore will likely see a year-on-year (YoY) decrease in retail sales between ** and ** percent for 2020. This sector saw sharp declines in 2020 as a result of the COVID-19 pandemic.

Singapore Retail Sales Value: 1997=100 data was reported at 2,433.000 SGD mn in Jul 2006. This records a decrease from the previous number of 2,508.000 SGD mn for Jun 2006. Singapore Retail Sales Value: 1997=100 data is updated monthly, averaging 2,237.500 SGD mn from Dec 1999 (Median) to Jul 2006, with 80 observations. The data reached an all-time high of 2,892.000 SGD mn in Jan 2000 and a record low of 1,578.000 SGD mn in Feb 2003. Singapore Retail Sales Value: 1997=100 data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.H001: Retail Sales and Food & Beverage Services Value. Rebased from 1997=100 to 2005=100 Replacement series ID: 122951301

Singapore Retail Sales Index: Constant Price data was reported at 215.526 1997=100 in Jul 2006. This records a decrease from the previous number of 224.408 1997=100 for Jun 2006. Singapore Retail Sales Index: Constant Price data is updated monthly, averaging 95.350 1997=100 from Jan 1985 (Median) to Jul 2006, with 259 observations. The data reached an all-time high of 239.532 1997=100 in Mar 2006 and a record low of 42.583 1997=100 in Jun 1986. Singapore Retail Sales Index: Constant Price data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.H032: Retail Sales Index: 1997=100: Constant Price. Rebased from 1997=100 to 2005=100. Replacement Series ID: 122953101

In 2023, the retail sales index value of cosmetics, toiletries and medical goods in Singapore amounted to *****. This was an increase compared to the past few years. The decrease in 2020 and 2021 were likely due to the lockdowns imposed during the COVID-19 pandemic, which saw consumers change their spending habits and priorities.

Singapore Retail Sales Index: Current Price: Dept Stores data was reported at 120.764 1997=100 in Jul 2006. This records a decrease from the previous number of 127.218 1997=100 for Jun 2006. Singapore Retail Sales Index: Current Price: Dept Stores data is updated monthly, averaging 97.800 1997=100 from Jan 1993 (Median) to Jul 2006, with 163 observations. The data reached an all-time high of 157.397 1997=100 in Dec 2005 and a record low of 68.400 1997=100 in Apr 1993. Singapore Retail Sales Index: Current Price: Dept Stores data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.H030: Retail Sales Index: 1997=100: Current Price.

The total retail real estate investment sales amounted to approximately **** billion U.S. dollars in Singapore in 2020. This figure was down from approximately **** billion U.S. dollars in 2019, owing to economic contraction caused by the COVID-19 pandemic in 2020. The total retail real estate investment sales include both private and government sales.

In 2024, the retail sales index value of supermarkets and hypermarkets in Singapore amounted to ******, and increase from the previous year. Supermarkets and hypermarkets are the leading retail source for groceries in Singapore.

Singapore Retail Sales Index (RSI): 2017=100: Constant Price data was reported at 94.300 2017=100 in Sep 2018. This records a decrease from the previous number of 97.700 2017=100 for Aug 2018. Singapore Retail Sales Index (RSI): 2017=100: Constant Price data is updated monthly, averaging 71.500 2017=100 from Jan 1985 (Median) to Sep 2018, with 405 observations. The data reached an all-time high of 123.300 2017=100 in Jan 2008 and a record low of 21.000 2017=100 in Jun 1986. Singapore Retail Sales Index (RSI): 2017=100: Constant Price data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.H004: Retail Sales Index: 2017=100: Constant Price.

Singapore Retail Sales Index: Current Price data was reported at 178.447 1997=100 in Jul 2006. This records a decrease from the previous number of 183.872 1997=100 for Jun 2006. Singapore Retail Sales Index: Current Price data is updated monthly, averaging 96.888 1997=100 from Jan 1985 (Median) to Jul 2006, with 259 observations. The data reached an all-time high of 204.787 1997=100 in Jan 2006 and a record low of 37.846 1997=100 in Apr 1986. Singapore Retail Sales Index: Current Price data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.H030: Retail Sales Index: 1997=100: Current Price. Rebased from 1997=100 to 2005=100. Replacement Series ID: 122951501

In 2024, about **** percent of the total retail sales in China were made online, decreasing from **** percent in 2023. The share of e-commerce retail more than doubled compared to 2016. In that year, China remained to be the largest online retail market in the world.

The Singaporean sugar market fell to $105M in 2024, with a decrease of -14.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a noticeable decrease.

Singapore E-Commerce Revenue: SOR: Retail Trade: Total data was reported at 13.900 SGD mn in 2022. This records a decrease from the previous number of 14.300 SGD mn for 2021. Singapore E-Commerce Revenue: SOR: Retail Trade: Total data is updated yearly, averaging 6.200 SGD mn from Dec 2016 (Median) to 2022, with 7 observations. The data reached an all-time high of 14.300 SGD mn in 2021 and a record low of 3.800 SGD mn in 2016. Singapore E-Commerce Revenue: SOR: Retail Trade: Total data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.H055: E-Commerce Revenue by Total Retail Trade.

Singapore E-Commerce Revenue: B2C: Retail Trade: Supermarkets & Hypermarkets data was reported at 1,162.000 SGD mn in 2022. This records a decrease from the previous number of 1,200.000 SGD mn for 2021. Singapore E-Commerce Revenue: B2C: Retail Trade: Supermarkets & Hypermarkets data is updated yearly, averaging 1,043.500 SGD mn from Dec 2019 (Median) to 2022, with 4 observations. The data reached an all-time high of 1,200.000 SGD mn in 2021 and a record low of 537.000 SGD mn in 2019. Singapore E-Commerce Revenue: B2C: Retail Trade: Supermarkets & Hypermarkets data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.H055: E-Commerce Revenue by Total Retail Trade.

Singapore Retail Sales Index: Current Price: Telecomm and Computers data was reported at 91.991 1997=100 in Jul 2006. This records a decrease from the previous number of 93.249 1997=100 for Jun 2006. Singapore Retail Sales Index: Current Price: Telecomm and Computers data is updated monthly, averaging 77.835 1997=100 from Jan 1993 (Median) to Jul 2006, with 163 observations. The data reached an all-time high of 130.090 1997=100 in Jan 1997 and a record low of 20.600 1997=100 in May 1993. Singapore Retail Sales Index: Current Price: Telecomm and Computers data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.H030: Retail Sales Index: 1997=100: Current Price.

The Southeast Asia CRM Analytics market, valued at approximately $1.30 billion in 2025, is projected to experience robust growth, fueled by a Compound Annual Growth Rate (CAGR) of 12.98% from 2025 to 2033. This expansion is driven by several key factors. Firstly, the increasing adoption of cloud-based solutions across diverse sectors like BFSI (Banking, Financial Services, and Insurance), healthcare, and retail, is streamlining operations and enhancing customer engagement. Secondly, the rising need for data-driven decision-making among businesses of all sizes is propelling the demand for sophisticated analytics tools to optimize sales, marketing, and customer service. The preference for real-time insights and personalized customer experiences further fuels market growth. While challenges like data security concerns and the need for skilled professionals to manage these systems exist, the overall market outlook remains positive. The presence of a vibrant ecosystem of both international and local players like Salesforce, Zoho, and regional providers such as AquaCRM and AsiaBiz Networks fosters competition and innovation, driving down costs and improving the accessibility of these solutions. Significant growth is anticipated in segments like customer analytics, driven by the increasing importance of understanding customer behavior to improve retention and loyalty. Cloud deployment is also expected to dominate due to its scalability, cost-effectiveness, and accessibility. Within Southeast Asia, countries like Singapore, Malaysia, and Thailand are likely to be key contributors to overall market growth, reflecting their relatively advanced digital infrastructure and the presence of substantial businesses across multiple sectors. The market will likely see increased specialization in vertical-specific CRM analytics solutions, catering to the unique needs of different industries. This specialization will further drive adoption and market penetration within the region. Recent developments include: July 2024: Antsomi, a marketing technology firm, launched "Antsomi CDP 365" on LINE OA. This advanced solution enables brands to effectively market through their LINE Official Account (OA) on the LINE messaging platform, specifically targeting the Thai market. This strategic initiative, in partnership with H+ Thailand, integrates into H+'s comprehensive CRM offering, the "H+ CRM Suite.", April 2024: Salesforce has launched Pro Suite, a comprehensive and scalable solution tailored for small and medium enterprises (SMEs) to initiate and expand their operations on the leading AI CRM platform. Utilizing the power of Salesforce’s Einstein 1 Platform and Data Cloud, Pro Suite enables customers to drive operational growth.. Key drivers for this market are: Rising use of CRM analytics in Retail industry, Rise in Demand for Global Consumer Goods; Need for Comprehensive Understanding of Consumer Behavior. Potential restraints include: Rising use of CRM analytics in Retail industry, Rise in Demand for Global Consumer Goods; Need for Comprehensive Understanding of Consumer Behavior. Notable trends are: Retail Industry is Expected to Drive the Market's Growth.