Singapore's retail sales grew 2.2% year-on-year in October, driven by motor vehicle and food sales.

Singapore's retail sales rose 2.2% year-on-year in October, up from 1.9% in September. Motor vehicle sales surged 18.4%, while food and alcohol sales increased 5.5%. Sales of computer and telecommunications equipment fell 10.9%. Food and beverage services grew 3.9% year-on-year. Online sales made up 12.7% of total retail sales, down from 13.8% in September.

December 05, 2024
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