On a seasonally adjusted month-on-month (m-o-m) basis, December’s total retail sales climbed 2.3%.
Singapore’s total retail sales value grew by 6.7% y-o-y to $4.4 billion in December 2021, due to most industries recording y-o-y growths in sales during the month.
According to data released by the Department of Statistics (SingStat) on Feb 4, online retail sales made up an estimated 14.6% of the total retail sales value during the month, mainly comprising supermarkets & hypermarkets, computer & telecommunications equipment, and furniture & household equipment.
