FX.co ★ Singapore Retail Sales Growth Hits 21-Month High

Retail sales in Singapore experienced a notable uplift of 6.3% in November 2025 compared to the same month the previous year, up from a revised 4.4% increase in October. This represents the most significant growth observed since February 2024. The surge was primarily driven by higher sales in recreational goods, watches and jewelry, along with cosmetics, toiletries, and medical products. However, when adjusted for seasonal variations, retail sales remained stable in November, following a 2.3% increase in October.