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FX.co ★ Singapore Retail Sales Growth More Than Doubles in September, Signaling Stronger Consumer Demand

Singapore Retail Sales Growth More Than Doubles in September, Signaling Stronger Consumer Demand

Singapore’s retail sector showed a notable acceleration in September 2026, with year-over-year sales growth rising to 1.7%, up from 0.8% in August 2026, according to data updated on 5 November 2026.

The figures are based on a year-over-year comparison, measuring how much retail sales changed in each month versus the same month a year earlier. The latest reading indicates that consumer spending momentum strengthened in September, as the pace of growth more than doubled from the previous month.

While the data does not break down performance by segment, the improvement in the headline retail sales indicator suggests firmer domestic demand and potentially more resilient consumer confidence heading into the final quarter of 2026.

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