FX.co ★ Singapore Retail Sales Rebound Sharply in January with 6.1% Monthly Gain

Singapore’s retail sector showed a strong turnaround at the start of 2026, with retail sales rising 6.1% month-over-month in January, according to data updated on 5 March 2026. The latest figure marks a notable recovery from December 2025, when sales fell 2.7% compared with November.

The January jump suggests a solid rebound in consumer spending following the year-end contraction, reversing the negative momentum seen in December. On a month-over-month basis, the data indicates that retailers entered 2026 with renewed demand, in contrast to the weaker performance at the close of 2025.

The comparison is based on changes in sales each month relative to the previous month, with the current 6.1% reading reflecting January’s improvement over December, while the prior -2.7% figure captured December’s decline versus November.