Retail sales in Singapore experienced a 2.8% increase in September 2025 compared to the same month last year, according to the latest data from the Singapore Department of Statistics. When excluding motor vehicles, the rise in retail sales was slightly lower at 2.0%. In contrast, the food and beverage services sector saw a decline of 1.6% over the same period.
The increase in retail sales suggests a positive trend for the sector, reflecting consumer confidence and spending. However, the decline in food and beverage services indicates challenges that the sector continues to face, possibly due to changing consumer habits or economic factors.
The data provides a snapshot of the economic landscape in Singapore, highlighting areas of growth and concern. The retail sector’s growth is a positive sign for businesses, suggesting a recovery or stabilisation in consumer spending patterns. Meanwhile, the food and beverage sector may need to adapt strategies to address the decline in sales.