After a September slump, Singapore's retail sales have rebounded significantly in October 2025, with new data showing an increase of 2.3% compared to the previous month. This promising turnaround comes after a concerning drop of -1.7% in September 2025, as reported in the latest figures updated on December 5, 2025.
The month-over-month comparison highlights a robust recovery in consumer spending, marking an optimistic shift in the economic landscape. The improvement suggests that factors affecting consumer confidence and spending in September may have been temporary, with October indicating a stronger retail performance in response.
Retail experts are closely monitoring these changes, as the retail sector continues to adapt post-pandemic shifts in consumer behavior. The substantial increase from the negative territory in September to a positive 2.3% in October signals a potential stabilization and growth opportunity for the Singaporean market as the year closes. Investors and retailers alike will hope this momentum carries forward into the end of the year and beyond.
