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Singapore economic data

Singapore retail sales drop 0.4% in January, partly because of later CNY timing

The decline in retail sales was partly due to Chinese New Year occurring in February this year as opposed to January last year. ST Photo: Gin Tay
The decline in retail sales was partly due to Chinese New Year occurring in February this year as opposed to January last year. ST Photo: Gin Tay

Singapore factory activity expands for seventh straight month but outlook clouded by Iran conflict

Electronics growth is likely to remain a key pillar of support for the overall manufacturing sector, say analysts.
Electronics growth is likely to remain a key pillar of support for the overall manufacturing sector, say analysts.

Singapore core inflation sees surprise drop to 1% in January

Analysts polled by Bloomberg had expected core inflation to rise to 1.5 per cent last month.
Analysts polled by Bloomberg had expected core inflation to rise to 1.5 per cent last month.

Singapore key exports rise 9.3% in January as AI demand fuels electronics shipments

Non-oil domestic exports (NODX) expanded 9.3 per cent, extending from the 6.1 per cent increase in December 2025.
Non-oil domestic exports (NODX) expanded 9.3 per cent, extending from the 6.1 per cent increase in December 2025.

Higher costs for Singapore manufacturers in 2025 despite some relief in labour expenses

The manufacturing sector accounts for around 20 percent of Singapore’s gross domestic product.
The manufacturing sector accounts for around 20 percent of Singapore’s gross domestic product.

Singapore raises forecast for key exports amid AI boom

Key exports are expected to increase by 2 per cent to 4 per cent this year, up from previous forecast of 0 per cent to 2 per cent.
Key exports are expected to increase by 2 per cent to 4 per cent this year, up from previous forecast of 0 per cent to 2 per cent.

Singapore retail sales rise 2.7% in December 2025

The estimated total retail sales value in December 2025 was $4.8 billion.
The estimated total retail sales value in December 2025 was $4.8 billion.

This Singapore Budget 2026 should look very different

If resilience was the theme of the early 2020s, the mid-2020s will demand something harder: reinvention, says the writer.
If resilience was the theme of the early 2020s, the mid-2020s will demand something harder: reinvention, says the writer.

Singapore exports defy US tariffs with 4.8% growth in 2025; analysts say 2026 will be tougher

Singapore retail sales up more than 6% in November 2025

Recreational goods experienced the best performance, increasing 13.9 per cent year on year.
Recreational goods experienced the best performance, increasing 13.9 per cent year on year.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.