Sunday, October 4, 2026

Singapore’s retail sales growth rose 0.7 per cent in August 2026

SINGAPORE – Singapore’s retail sales growth expanded 0.7 per cent in August 2026.

Takings at the till rose 0.7 cent year on year in August, following the 1.3 per cent growth in July, according to data from the Singapore Department of Statistics (SingStat).

In a release on Oct 5, SingStat said retail sales excluding motor vehicles, parts and accessories rose 1.6 per cent year on year, compared with 1.3 per cent growth in July.

On a month-on-month and seasonally adjusted basis, retail sales fell 1 per cent in August. Excluding motor vehicles, parts and accessories, sales rose 0.6 per cent.

Total retail sales were estimated at $4.5 billion in August, with online transactions accounting for 15.7 per cent of the total, up from 15.2 per cent in July.

Source : https://www.straitstimes.com/business/singapores-retail-sales-growth-rose-0-7-per-cent-in-august-2026

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