Singapore Retail Sales YoY

Retail sales in Singapore rose by 4.5% year-on-year in October 2025, accelerating from a 2.8% gain in the previous month. Sales mainly increased for watches and jewelry (25% vs 16.6% in September), recreational goods (20.4% vs 11.7%), motor vehicles (9.7% vs 7.8%), and optical goods and books (6.9% vs 4.7%). Additionally, trade declined to a lesser extent for food and alcohol (-2.5% vs -4.7%) and others (-9.2% vs -11.2%). On the other hand, activity decreased further in petrol service stations (-17.4% vs -8%), while growth slowed in department stores (2.8% vs 3.7%) and supermarkets and hypermarkets (3.6% vs 5.2%). On a seasonally adjusted monthly basis, retail sales advanced by 2.3% in October, rebounding from a 1.4% drop in the preceding period.