Singapore’s retail sector staged a strong recovery in March 2026, with sales rising 3.7% month-over-month, a sharp turnaround from the 4.3% decline recorded in February 2026.
The latest data, updated on 5 May 2026, show that March’s performance more than offset the previous month’s drop, indicating a renewed pick-up in consumer spending. On a month-over-month basis, the current figure compares the change in March to February, while the previous reading reflected February’s change against January.
The swing from a -4.3% contraction to a 3.7% expansion suggests that February’s weakness may have been temporary, with March marking a notable improvement in underlying retail momentum in Singapore.
