Retail sales up 2.1% in March

Robust petrol service stations sales boosted overall output.

The spotlight was on petrol service stations segment in March as it boosted retail sales index to 2.1% YoY.

For the said month, petrol services stations recorded the highest sales growth of 11.3%. Watches and jewellery closed the second highest sales growth of 7.8%. Motor vehicles sales came next with the 6.9% growth.

Excluding motor vehicles, growth would have been a measly 0.7%.

On a monthly basis, retail sales went down 0.3% in March. This would be due to the month-on-month slump in food retailers sales at 6.6%.

Check out the retail sales index table below:

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