Advertisement

Singapore retail sales rise 6.3% in November, highest in 3 months year-on-year

Advertisement

Singapore's retail sales grew 6.3 per cent last November compared to the same month in 2024, driven by consumers buying online during year-end shopping events.

According to figures from the Singapore Department of Statistics released on Monday (Jan 5), most sectors saw growth with the highest seen in recreational goods, watches and jewellery as well as cosmetics, toiletries and medical goods.

November's performance is the highest in three months year-on-year. October and September's growth was at 4.4 per cent and 2.8 per cent respectively.

Out of the $4.4 billion in total resale sales, 16.9 per cent were from online retail sales, higher than the 14.5 per cent the previous month.

The statistics department attributed the hike to an increase in online purchases during year-end shopping events such as Singles Day and Black Friday.

Online resale sales made up 60.6 per cent, 40.7 per cent and 12.6 per cent of the total sales in the computer and telecommunications equipment , furniture and household equipment, as well as supermarkets and hypermarkets sectors respectively.

Meanwhile, total food and beverage sales grew 2.5 per cent in November compared to the same month in 2024.

Sales for fast food outlets and food caterers increased by 7 per cent, while cafes, food courts and other eating places saw a 2 per cent hike.

The turnover of restaurants, however, saw a 0.4 per cent dip.

chingshijie@asiaone.com

Advertisement

Hot News
WHO Sounds Alarm: Europe's Shocking Lack of Awareness on Alcohol-Cancer Link
WHO Sounds Alarm: Europe's Shocking Lack of Awareness on Alcohol-Cancer Link
GENEVA — The World Health Organisation (WHO) has uncovered startling new data revealing a dangerous gap in public knowledge across Europe regarding alcohol's direct connection to cancer. In a bold move, the health authority is urging governments to implement mandatory tobacco-style warning labels on alcoholic beverages—particularly in the world’s heaviest-drinking region.
Healthy
Healthy
What Singapore Residents Should Know About Using Medisave for Dental Care
What Singapore Residents Should Know About Using Medisave for Dental Care
Medisave is Singapore’s national healthcare savings scheme, designed to help citizens and permanent residents set aside part of their income for future medical needs. While many associate Medisave with hospital stays and major procedures, fewer people realise that it can also be used for selected dental services under specific conditions.Understanding what is covered — and what is not — can help patients plan their dental expenses more effectively and avoid unexpected out-of-pocket costs.When Ca
tooth
tooth
6 things to know about travel insurance for extreme sports and outdoor adventure coverage (2025)
6 things to know about travel insurance for extreme sports and outdoor adventure coverage (2025)
We all know friends who are adrenaline junkies. Those who get kicks out of taking crazy risks and going on wild adventures all around the world. Heck, maybe you're thinking: That's me.
Travel
Travel
Driving centres in Singapore hike learner fees in 2026
Driving centres in Singapore hike learner fees in 2026
SINGAPORE — Taking lessons to seek a driving licence has become more expensive, with the three driving centres in Singapore raising fees from Jan 1.
money
money
FAQ
1.How did total food and beverage sales perform in November compared to the same month in 2024?
Total food and beverage sales grew 2.5 per cent.
2.What percentage of total sales in November came from online retail sales?
16.9 per cent
3.What was the total amount of resale sales in November?
$4.4 billion
4.Which sectors saw the highest growth in retail sales in November?
Recreational goods, watches and jewellery, as well as cosmetics, toiletries and medical goods.
5.What was the percentage growth of Singapore's retail sales in November 2024 compared to the same month in the previous year?
6.3 per cent
Comment

Advertisement

Why Owning Multiple Properties in 2026 Is Tougher Than Ever Before
Gone are the golden days of early 2000s property investments—today's real estate landscape presents far greater challenges for multi-property owners. With stricter regulations and cooling measures in place, building a portfolio of residential properties has become significantly more complex and less rewarding.
Why Owning Multiple Properties in 2026 Is Tougher Than Ever Before
Singapore's 2026 Property Market: A Perfect Storm of Challenges and Opportunities
The Singapore property market in 2026 is shaping up to be unlike any we've seen before, creating a fascinating landscape for buyers, sellers, and investors alike. Three major factors are converging to create this unique situation: a dramatic shift in focus toward the Core Central Region (CCR), an increasingly constrained supply of resale properties, and economic uncertainties that continue to ripple through global markets.
Singapore's 2026 Property Market: A Perfect Storm of Challenges and Opportunities
Struggling with COE Prices? Here’s a Smarter Way to Buy Your Dream Used Car
Feeling the pinch of sky-high COE prices? You're not the only one. With brand-new cars becoming increasingly unaffordable, more Singaporeans are turning to the second-hand market for better deals. In fact, according to CNA, Singapore's used car industry is projected to grow by over 20% by 2027—proof that buying pre-owned isn't just a passing trend but a smart financial shift.
Struggling with COE Prices? Here’s a Smarter Way to Buy Your Dream Used Car
$73 Million Portfolio: Six Prime HDB Shophouses in Singapore's Top Heartland Locations
Imagine what $73 million can secure in Singapore's competitive real estate market:
$73 Million Portfolio: Six Prime HDB Shophouses in Singapore's Top Heartland Locations