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05 Feb 2026
Singapore retail sales rise 2.7% in December 2025
Summary
Singapore retail sales grew 2.7% year-on-year in December 2025, reaching an estimated $4.8 billion. This growth was driven by healthy labor market conditions and supportive fiscal transfers, despite a moderation from November’s 6.2% growth due to increased outbound travel. Online retail sales accounted for 14.8% of total retail sales, with the computer and telecommunications equipment industry seeing the highest online sales penetration at 56.5%.