Department of Statistics (DOS)

Excluding motor vehicles, retail sales fell 4.5% y-o-y, compared to the 2.8% decline in November.

The decline in retail sales worsened in September, reversing from the lower declines seen in the previous months.

Singapore’s retail sales slid for yet another month in August

Singapore’s retail sales continued to slide in July – the first full month that in-store shopping and dining in at restaurants were permitted after their shutdown during the “circuit breaker” in the second quarter.

The Covid-19 health-turned-economic crisis has upended almost every sector, especially the services industry which was affected by the disrupted operations during the circuit breaker measures.

Takings of Singapore’s retailers continued to slide in June despite the earlier than expected phase two measures on June 19 which permitted in-store shopping and dining in at restaurants.

Singapore’s total retail sales value deepened its plummet by 52.1% year-on-year in May, due to the ‘circuit breaker’ measures.

The 40.5% drop in April’s retail sales value marks the largest decline in the metric since its adoption in 1986

Singapore’s total retail sales value fell 13.3% year-on-year in March to $3.3 billion, following the imposition of safe distancing measures to curb the spread of the coronavirus.

SINGAPORE (Dec 16): Singapore’s total retail sales value fell 4.3% year-on-year to $3.6 billion in October, led by a decline in motor vehicles retail sales, according to latest data by the Singapore Department of Statistics (DOS).