Retail sales in Singapore experienced a 4% increase in June 2026 compared to the same month last year, according to the latest figures from the Retail Sales Index. This growth follows a 2.9% rise in May 2026. Excluding motor vehicles, parts, and accessories, retail sales rose by 4.1%, continuing the upward trend from May’s 3.6% growth. The total retail sales value for June was estimated at $4.2b, with online sales accounting for 16.4% of this figure.
The increase in retail sales was driven by significant year-on-year growth in industries such as recreational goods and watches and jewellery, which saw sales rise by 11.4% and 10.5% respectively. However, department stores and retailers of wearing apparel and footwear faced declines of 9.5% and 1.7% respectively.
Conversely, the Food & Beverage Services Index reported a 2.3% decline in sales for June 2026 compared to the previous year. This marks a reversal from the 0.1% growth observed in May 2026. The total sales value for food and beverage services was approximately $1.5b, with online sales making up 20.2% of this total.
Within the food and beverage sector, food courts and other eating places, as well as cafes, experienced sales declines of 5.4% and 5.1% respectively. Restaurants also saw a 2% decrease. In contrast, food caterers and fast food outlets reported increases of 4.4% and 0.7% respectively.
These figures highlight the contrasting trends within Singapore’s retail and food and beverage sectors, with retail sales continuing to grow whilst food and beverage services face challenges. The data underscores the evolving consumer preferences and the increasing role of online sales in both sectors.
