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Singapore's September retail sales up 6.6% y-o-y, reversing from August's decline

Felicia Tan
Felicia Tan • 3 min read
Singapore's September retail sales up 6.6% y-o-y, reversing from August's decline
On a y-o-y basis, most industries recorded growth in sales, led by the computer & telecommunications equipment sector.
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Singapore’s total retail sales value grew 6.6% y-o-y to $3.4 billion in September, according to data from the Department of Statistics (SingStat) released on Nov 5.

September’s figures mark a turnaround from the 2.8% y-o-y decline seen in August’s retail sales, the first decline since January.

The y-o-y increase in September was partly attributed to the computer & telecommunications industry, which saw higher mobile phone sales due to new product launches.

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