Retail sales up 1.9% YoY in November

Total retail sales value reached $3.7b.

Retail sales for November 2021 experienced a 1.9% year-on-year (YoY) jump, as reported by the Department of Statistics Singapore.

This put total retail sales value at $3.7b. 16.9% of which can be attributed to online sales.

Excluding motor vehicles, retail sales saw a 4.1% YoY increase or $3.3b worth of retail sales.

YoY, petrol service stations and watches and jewellery led the sectors with most growth at 21.1% and 15.3%, respectively. This was due to higher petrol prices and demand for the latter. Also accompanying this were increases in wearing apparel and footwear, furniture and household equipment, and cosmetics, toiletries and medical goods with recorded increases of 12.8%, 8%, and 7.6%, respectively.

On the other hand, sales of motor vehicles and optical goods and books dipped by 12.3% and 11.3%, respectively.

The same could also be said for sectors on a month-on-month basis, as the majority of sectors recorded a growth in sales. Leading this were department stores, optical goods and books, and, wearing apparel and footwear, with 17.6%, 16.6%, and 11.6%, respectively.

Meanwhile, computer and telecommunications equipment slid by 20.1% during the same period, mainly due to the new phone launches from the previous month.

Follow the link for more news on

Department of Statistics

Singapore retail sales

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia