FOREX TradingCharts.com

Financial News: Singapore Retail Sales Rise 0.3%

Singapore Retail Sales Rise 0.3%

06/05/2025 - 03:03:00 (RTTNews)

(RTTNews) - Singapore's retail sales increased for the second straight month in April, though at a slower pace, preliminary data from the Department of Statistics showed on Thursday.

Retail sales rose 0.3 percent year-on-year in April, following an upwardly revised 1.3 percent rebound in March.

Sales excluding motor vehicles increased 0.8 percent from last year versus a 0.9 percent gain in the prior month.

The slowdown in growth was mainly due to a 10.6 percent lower sales at petrol service stations and a 10.3 percent slump in sales of wearing apparel and footwear.

Meanwhile, the overall increase in May was driven by a 14.8 percent surge in sales for computer and telecommunications equipment and 12.9 percent more sales of watches and jewelry.

Data showed that sales at supermarkets and hypermarkets grew 1.7 percent, while those at department stores declined by 8.2 percent.

During April, the online sales proportion was 12.6  percent of the overall retail sales, lower than the 13.3 percent recorded a month ago.

On a monthly basis, retail sales rebounded a seasonally adjusted 0.3 percent in April compared to a 2.7 percent fall in March.

The index for food and beverage services grew 1.2 percent year-on-year in April, reversing a 2.7 percent fall in the prior month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Job Growth Slightly Exceeds Estimates In May (34 min(s), 54 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

Austrian GDP Recovers Slightly Less Than Estimated (39 min(s), 54 sec(s) ago)
(RTTNews) - Austria's economy logged a slight recovery in the first quarter, though at a slo ...Full Story»

U.S. Employment Jumps Slightly More Than Expected In May (01 hr(s), 42 min(s), 54 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

France Industrial Output Falls 1.4% (01 hr(s), 49 min(s), 54 sec(s) ago)
(RTTNews) - France's industrial production declined for the first time in three months in Apri ...Full Story»

French Trade Gap Widens In April (02 hr(s), 53 min(s), 54 sec(s) ago)
(RTTNews) - France's trade deficit increased in April as exports fell faster than imports, dat ...Full Story»

Russia Central Bank Cuts Rate By 100 Bps (03 hr(s), 32 min(s), 54 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate unexpectedly by 100 basis points ...Full Story»

Eurozone GDP Growth Accelerates To 0.6% (03 hr(s), 44 min(s), 54 sec(s) ago)
(RTTNews) - The euro area economic growth doubled in the first quarter on household spending, inve ...Full Story»

Eurozone Retail Sales Rise Marginally In April (03 hr(s), 46 min(s), 54 sec(s) ago)
(RTTNews) - Eurozone retail sales grew only marginally in April as growth in food and auto fuel tu ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Job Growth Slightly Exceeds Estimates In May

06/06/2025 - 09:45 AM (RTTNews)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story>>

Austrian GDP Recovers Slightly Less Than Estimated

06/06/2025 - 09:40 AM (RTTNews)
(RTTNews) - Austria's economy logged a slight recovery in the first quarter, though at a slo ...Full Story>>

U.S. Employment Jumps Slightly More Than Expected In May

06/06/2025 - 08:37 AM (RTTNews)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story>>

France Industrial Output Falls 1.4%

06/06/2025 - 08:30 AM (RTTNews)
(RTTNews) - France's industrial production declined for the first time in three months in Apri ...Full Story>>

French Trade Gap Widens In April

06/06/2025 - 07:26 AM (RTTNews)
(RTTNews) - France's trade deficit increased in April as exports fell faster than imports, dat ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.