Retail sales index in Singapore, November, 2020
For that indicator, we provide data for Singapore from January 1985 to November 2020. The average value for Singapore during that period was 69.18 index points with a minimum of 21.33 index points in April 1986 and a maximum of 119.32 index points in December 2017.
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* indicates monthly or quarterly data series
Measure: index points
Source: Department of Statistics Singapore
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.