Singapore Retail Sales Growth Slips to 0.6% in September

The Business Times2023-11-03

Singapore’s retail sales inched up 0.6 percent on year in September, significantly less than the revised 4.2 percent growth recorded in August, Department of Statistics (Singstat) data showed on ...

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Meanwhile, motor vehicles, shrinking 7.7 percent, marked the largest sequential fall.Sales of food and beverage services jumped 6.9 percent on year in September, less than the 8.6 percent expansion posted in the preceding month. It was down 1.7 percent on a monthly seasonally adjusted basis.On the year, growth was recorded across all segments:Restaurants (3.7 per cent)Fast food outlets (5.5 percent)Food caterers (24.1 per cent)Cafes, food courts and other eating places (7.2 percent)On a seasonally adjusted monthly basis, two of four categories were up. Fast food outlets (0.1 percent) and food caterers (2.5 percent) recorded increases, while restaurants (-3.3 percent) and cafes, food courts and other eating places (-2 percent) posted falls.Food and beverage services receipts amounted to S$983 million, with online sales accounting for an estimated 23 percent.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1142414210"}