Singapore: Retail sales Y-on-Y

(measure: percent, source: Department of Statistics Singapore)
* indicates monthly or quarterly data series

Retail sales Y-on-Y in Singapore, December, 2019: For that indicator, Department of Statistics Singapore provides data for Singapore from 1986 to Q4 2019. The average value for Singapore during that period was 4.5 percent with a minimum of -25.97 percent in March 1986 and a maximum of 40.4 percent in December 1988. Click on the following link to see the values of Retail sales Y-on-Y around the world.
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Measure: percent
Source: Department of Statistics Singapore

Definition: The retail sales Y-on-Y 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. Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year. The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.
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