Singapore: Retail sales
* indicates monthly or quarterly data series
The most recent value is 104 index points as of March 2026, an increase compared to the previous value of 95.57 index points. Historically, the average for Singapore from January 1985 to March 2026 is 74.63 index points. The minimum of 20.75 index points was recorded in June 1986, while the maximum of 123.22 index points was reached in December 2017.
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* indicates monthly or quarterly data series
- Measure: index points
- Source: Department of Statistics Singapore
| Recent values | Singapore: Retail sales index |
|---|---|
| 2026 Mar | 104 |
| 2026 Feb | 95.57 |
| 2026 Jan | 106.48 |
| 2025 Dec | 111.94 |
| 2025 Nov | 102.9 |
| 2025 Oct | 101.21 |
| 2025 Sep | 96.36 |
| 2025 Aug | 102.84 |
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Definition: The retail sales index is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. The retail sales index measures only the volume changes, i.e. price level changes are excluded.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 10.14 | 3/2026 | percent |
| Retail sales | 104.00 | 3/2026 | index points |
| Retail sales Y-on-Y | 1.80 | 3/2026 | percent |
| House price index | 162.86 | Q4/2025 | index points |
| Real residential property prices Y-on-Y change | 2.12 | Q4/2025 | percent |
| Business confidence survey | 16.00 | Q1/2025 | points |
| Consumer confidence | 95.00 | Q3/2021 | points |