Welcome!
Department of Statistics (Singstat)
Singapore economy
Total retail sales decline 6.1% y-o-y in January 2021, marking 24 consecutive months of contraction
Economists from UOB and OCBC expect retail sales to rebound by 1% and 13% respectively y-o-y for the FY2021.
March 05, 2021
Singapore economy
Singapore services sector revenue sees slower y-o-y decline in 4Q20
Singapore’s services sector saw receipts decline 7.9% y-o-y in 4Q2020, albeit with a 7.9% q-o-q growth from 3Q2020.
February 26, 2021
Singapore economy
Singapore retail trade drops 3.6% y-o-y in December on lower sales in cosmetics, toiletries & medical goods
Excluding motor vehicles, retail sales fell 4.5% y-o-y, compared to the 2.8% decline in November.
February 05, 2021
Singapore economy
Singapore's consumer price index declines across all household groups in 2H2020
The CPI level of households from the lowest 20% income group had the largest decline of 0.2% y-o-y.
January 28, 2021
Singapore economy
Total retail sales fell 1.9% in November 2020, an improvement from decline in October
The smaller decline in retail sales was due mainly to events such as the Singles’ Day and Black Friday sales.
January 05, 2021
Singapore economy
Retail sales in Singapore continues decline, but at a slower pace
Singapore’s retail sales slid for yet another month in October, albeit at a smaller pace than the month before.
December 05, 2020