FX.co ★ Singapore Retail Sales Surge 8.3% in February, Rebounding Sharply from January Decline

Singapore’s retail sector staged a strong rebound in February 2026, with retail sales rising 8.3% year-over-year, according to data updated on 6 April 2026. The latest figures mark a significant turnaround from January 2026, when sales had contracted 0.5% compared with a year earlier.

The sharp swing from negative to robust positive growth on a year-over-year basis suggests a notable improvement in consumer spending momentum during February. The figures compare changes in each month against the same month a year earlier, with January’s -0.5% and February’s 8.3% both measured on this annual basis.

The acceleration in retail sales will be closely watched by market participants as a gauge of domestic demand and overall economic resilience in Singapore, following the soft patch seen at the start of the year.