Of the total amount, 12.9% of the sales were made online. The dip was attributed to the higher sales from the shopping events in November. Computer & telecommunications equipment made up the bulk of online purchases at 47.4%, while furniture & household equipment came in second at 30.0%. Supermarkets and hypermarkets rounded up the top three online purchases at 13.2%.
Singapore’s retail sales grew by 7.4% y-o-y to $4.7 billion in December 2022, extending the growths seen in October and November 2022.
Excluding motor vehicles, Singapore’s retail sales grew by 9.5% y-o-y to $4.3 billion.
