Singapore: Retail sales

* indicates monthly or quarterly data series

Retail sales index

 Latest value 98.24
 Reference March 2024
 Measure index points
 Data availability January 1985 - March 2024
 Average 71.27
 Min - Max 21.33 - 114.27
 Source Department of Statistics Singapore
For that indicator, we provide data for Singapore from January 1985 to March 2024. The average value for Singapore during that period was 71.27 index points with a minimum of 21.33 index points in April 1986 and a maximum of 114.27 index points in June 2007. Click on the following link to see the values of Retail sales index around the world.
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* indicates monthly or quarterly data series

Recent values chart
Singapore - Retail sales - recent values

Historical chart
Singapore - Retail sales - historical chart - 1985-2024
Measure: index points
Source: Department of Statistics Singapore

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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 value Reference Measure
 Industrial production -1.23 9/2023 percent
 Retail sales 96.81 9/2023 index points
 Retail sales Y-on-Y -0.83 9/2023 percent
 House price index 147.51 Q3/2023 index point
 Real residential property prices Y-on-Y change 0.27 Q3/2023 percent
 Business confidence survey 6.00 Q3/2023 points
 Consumer confidence survey 95.00 Q3/2021 points
 Purchasing Managers Index (PMI), composite 54.20 9/2023 index points
 Purchasing Managers Index (PMI), manufacturing 49.90 9/2022 index points
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