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FX.co ★ Singapore Retail Sales Growth Picks Up in September

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typeContent_19130:::2026-11-05T05:21:25

Singapore Retail Sales Growth Picks Up in September

Retail sales in Singapore increased by 1.7% year-on-year in September 2026, picking up from an upwardly revised 0.8% rise in August. Growth was especially strong in computer & telecommunications equipment (16.5% vs 11.0% in August), petrol service stations (6.5% vs 3.2%), and furniture & household equipment (5.3% vs 0.7%). Sales also continued to grow in supermarkets & hypermarkets (2.2% vs 1.8%), while sales of other goods returned to growth (3.3% vs -4.6%).

By contrast, growth moderated in cosmetics, toiletries & medical goods (6.0% vs 10.7%). Meanwhile, sales declined further in mini-marts & convenience stores (-5.6% vs -0.3%) and in optical goods & books (-2.5% vs -0.5%). On a seasonally adjusted month-on-month basis, retail sales fell by 1.0% in September, following a downwardly revised 0.9% decline in August.

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