FX.co ★ Singapore Retail Sales Rebound 1.0% in June, Snapping May Decline

Singapore’s retail sector returned to growth in June 2026, with sales rising 1.0% month-over-month, according to data updated on 5 August 2026. The uptick follows a 2.2% decline in May 2026, marking a clear reversal in short-term momentum for consumer spending.

On a month-over-month basis, the latest figure shows that retailers managed to recover some ground after the May contraction, when the indicator stood at -2.2% compared with April. The June reading of 1.0% indicates that, relative to May, retail activity strengthened, suggesting an improvement in consumer demand or a normalization after earlier volatility.

The comparison period framework highlights that “Actual” refers to the change in June versus May, while the “Previous” reading captured May’s change versus April. In that context, June’s positive result underscores a stabilizing trend, as the sector shifts from negative to modest positive growth within just one month.