According to data released by the Singapore Department of Statistics, retail sales revenue in February increased 8.3% YoY, compared with a revised decline of 0.5% in January. The growth was partly attributed to the Lunar New Year holiday falling in February this year, whereas in 2025 it took place in January.Excluding motor vehicles and their parts and accessories, retail sales rose 11.2% YoY, rebounding from a 2.9% decline in January.Related NewsInflation Rate MoM for Mar in United States is 0.9%, higher than the previous value of 0.3%. The forecast was 0.9%.On a MoM basis and after seasonal adjustment, retail sales in February fell 4.1% compared with January. In the first two months of 2026, retail sales increased 3.5% YoY, while food and beverage sales grew 1% over the same period.(to/s)
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