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Singapore's retail sales fell 3.6% year-on-year in February, but rose month-on-month by 3.0%.
Singapore's retail sales dropped 3.6% in February 2025 compared to the same month last year, partly due to the timing shift of the Chinese New Year. Most retail sectors saw declines, including an 18.4% drop in wearing apparel and footwear sales and a 5.6% decrease in food and beverage services. Despite this, online sales rose from 11.6% to 12.3%. On a seasonally adjusted basis, sales rose 3.0% from January.
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