Financial News: Singapore Retail Sales Growth Improves To 1.7%

Singapore Retail Sales Growth Improves To 1.7%

11/05/2026 - 01:50:00 (RTTNews)

(RTTNews) - Singapore's retail sales growth accelerated for the first time in three months in September, data from the Department of Statistics showed on Thursday.

Retail sales climbed 1.7 percent year-on-year in September, faster than the 0.8 percent rise in August. Sales have been rising since February.

Sales of computer and telecommunications equipment grew sharply by 16.5 percent, and the annual sales growth in petrol service stations accelerated to 6.5 percent from 3.2 percent. Demand for furniture and household equipment was 5.3 percent higher, and sales at supermarkets and hypermarkets rose 2.2 percent.

Conversely, sales at mini-marts and convenience stores continued to fall by 5.6 percent, and sales of watches and jewelry dropped 1.5 percent.

Data showed that online retail sales climbed 17.7 percent annually compared to 15.6 percent growth in August.

The index for total food and beverage sales increased 1.0 percent yearly in September, reversing a 1.8 percent decline a month ago.

On a monthly basis, retail sales decreased 1.0 percent in September, following a 0.9 percent fall in the prior month.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Singapore Retail Sales Growth Improves To 1.7% (05 min(s), 18 sec(s) ago)
(RTTNews) - Singapore's retail sales growth accelerated for the first time in three months in ...Full Story»

Australia September Trade Surplus A$2.826 Billion (03 min(s), 42 sec(s) ago)
(RTTNews) - Australia posted a merchandise trade surplus of A$2.826 billion in September, the Aust ...Full Story»

Japan Services PMI Improves To 51.7 In October - S&P Global (58 min(s), 42 sec(s) ago)
(RTTNews) - The services sector in Japan continued to expand in October, and at a faster rate, the ...Full Story»

South Korea September Current Account Surplus $61.46 Billion (10 min(s), 42 sec(s) ago)
(RTTNews) - South Korea posted a seasonally adjusted current account surplus of $61.46 billion in ...Full Story»

Australia Trade Data On Tap For Thursday (37 min(s), 42 sec(s) ago)
(RTTNews) - Australia will on Thursday release September figures for imports, exports and trade ba ...Full Story»

U.S. Crude Oil Inventories Unexpectedly Edge Lower (43 min(s), 42 sec(s) ago)
(RTTNews) - Crude oil inventories in the U.S. unexpectedly edged modestly lower in the week ended ...Full Story»

U.S. Services Index Edges Slightly Lower In October (21 min(s), 42 sec(s) ago)
(RTTNews) - Service sector growth in the U.S. saw a modest slowdown in the month of October, accor ...Full Story»

Treasury Announces Details Of Long-Term Securities Auctions (08 min(s), 42 sec(s) ago)
(RTTNews) - The Treasury Department on Wednesday announced the details of this month's auction ...Full Story»