Singapore's retail sales saw a year-on-year increase of 2.3% in June, though they dipped month-on-month.

Singapore's retail sales rose 2.3% year-on-year in June, up from a 1.3% increase in May. Excluding motor vehicles, sales increased 0.4% year-on-year. On a seasonally adjusted basis, retail sales fell 1.2% from May. Food and beverage sales grew 0.1% year-on-year but dropped 1.5% month-on-month. Online sales made up 13.6% of total retail sales and 26.7% of food and beverage sales.