On September 5, 2025, Singapore’s Department of Statistics released the year-on-year retail sales data for August. The actual figure was 4.80%. No forecast was provided; the previous reading was also 4.80%.Definition: Retail sales measure the total value of goods sold by retailers during a given month, either in cash or on credit, excluding service industry fees. Market impact: If the actual figure exceeds expectations, it is considered positive for the Singapore dollar.This indicator has an importance level of 1 and reflects monthly changes in the retail sector using statistical methods. The data is published monthly, with the next release scheduled for November 5, 2025.
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