Singapore retail sales

Toiletries and medical goods recorded the most growth in retail sales.

Sales finally grew by 11.8% in January after three years of decline.

Twelve of 14 industries also posted a decline in their respective sales.

Excluding motor vehicles, an 8.6% YoY jump to $3.9b was observed.

Retail sales in November 2021 jumped 1.9% year-on-year.

Total retail sales value reached $3.7b.

It reflected the struggle to return to pre-pandemic levels.

This is higher compared to September's retail sales YoY increase at 6.8%.