Retail sales climb 1.1% YoY in July

Month-on-month, sales improved by 0.6%.

Retail sales grew 1.1% YoY and 0.6% MoM in July, translating to a sales value of $3.9b.

Of the total sales value, 12.6% was from online sales.

Excluding motor vehicles which saw a 7.3% YoY increase, sales would have declined by 1.1% MoM.

Department of Statistics Singapore (Singstat) attributed the year-on-year uptick to increases in sales of most industries.

Apart from motor vehicles, industries which recorded a sales increase in July include Food & Alcohol (+21.0% YoY); Cosmetics, Toiletries & Medical Goods (+2.8% YoY); Optical Goods & Books (+4.6% YoY); Wearing Apparel & Footwear (+6.5% YoY); Watches & Jewellery (+0.6% YoY); Mini-marts & Convenience Stores (+7.4% YoY); Furniture & Household Equipment (+0.5% YoY); and Computer & Telecommunications Equipment (+1.9% YoY).

On the other hand, Department Stores (-2.1% YoY), Recreational Goods (-5.8% YoY), Supermarkets and Hypermarkets (-2.3% YoY); and Petrol Service Stations (-16.1% YoY) recorded a decline in sales.

Follow the link for more news on

Department of Statistics

Singapore retail sales

Also Read

Changi Airports and Hainan Meilan form JV for non-aero services

F&B brands remain key drivers of retail leasing in Q3

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit