Retail Sales in Singapore increased 27.40 percent in July of 2020 over the previous month.
Retail Sales MoM in Singapore averaged 0.44 percent from 1985 until 2020, reaching an all time high of 50.70 percent in June of 2020 and a record low of -31.30 percent in April of 1994. This page provides the latest reported value for - Singapore Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Statistics Singapore
Retail Sales MoM in Singapore is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Singapore to stand at -0.50 in 12 months time. In the long-term, the Singapore Retail Sales MoM is projected to trend around -0.50 percent in 2021, according to our econometric models.