Retail sales post slower growth of 1.5% in July, lowest since February

Singapore's retail sales grew by just 1.5 per cent in July, recording a total value of $4.4 billion, data posted on Monday (Sept 7) by the Singapore Department of Statistics (SingStat) showed.

In comparison, the growth recorded in June was 4 per cent, year-on-year.

Excluding motor vehicles, parts and accessories, retail sales grew by just 1.5 per cent, down from 4.1 per cent in June.

On a month-on-month and seasonally adjusted basis, retail sales rose 0.9 per cent in July, similar to the preceding month.

Excluding motor vehicles, parts and accessories, retail sales expanded by 0.7 per cent, bettering June's 0.1 per cent.

The total value of sales in July was $4.4 billion, but excluding motor vehicles, parts and accessories sales it was $3.7 billion,

According to SingStat, 15.4 per cent of total retail sales were transacted online. Excluding motor vehicles, parts and accessories, this proportion grew to 18.3 per cent.

Across the 14 categories tracked, sales growth was recorded in seven sectors, with the highest growth recorded in watches and jewellery and recreational goods:

Motor vehicles, parts and accessories at 1.4 per cent

Cosmetics, toiletries and medical goods at 4.5 per cent

Furniture and household equipment at 1.3 per cent

Watches and jewellery at 11.1 per cent

Wearing apparel and footwear at 2.3 per cent

Recreational goods at 13.9 per cent

Computer and telecommunications equipment at 5.1 per cent

Meanwhile, departmental stores, and food and alcohol recorded the highest decline:

Department stores down 3.5 per cent

Mini-marts and convenience down 1.5 per cent

Optical goods and books down 2.2 per cent

Supermarkets and hypermarkets down 2.1 per cent

Food and alcohol down 5.1 per cent

Petrol service stations down 1.1 per cent

Others down 4 per cent

The SingStat data also showed that food and beverage (F&B) services sale fell 1.9 per cent, on a year-on-year basis, better than the 2.3 per cent decline posted in June.

The total value of F&B sales stood at about $1.6 billion, with online transactions accounting for 20.9 per cent of the total.

Within the sector, food courts and other eating places, as well as cafes registered decreased in sales of 6.6 per cent and 6.4 per cent respectively.

Similarly, sales by restaurants fell 0.3 per cent during this period.

However, fast food outlets and food caterers saw growth of 4.6 per cent and 0.3 per cent respectively in July.

新加坡统计局（SingStat）周一（9月7日）公布的数据显示，新加坡7月份零售额仅增长1.5%，总值达44亿美元。

相比之下，6 月份的同比增长率为 4%。

剔除汽车、零部件及配件后，零售额仅增长1.5%，低于6月份的4.1%。

经季节性调整后，7 月份零售额环比增长 0.9%，与上月基本持平。

剔除汽车、零部件及配件后，零售额增长0.7%，高于6月份的0.1%。

7月份的总销售额为44亿美元，但如果不包括汽车、零部件和配件的销售额，则为37亿美元。

根据新加坡统计局的数据，零售总额的15.4%是通过网络完成的。如果排除汽车、零部件和配件，这一比例增长至18.3%。

在追踪的 14 个类别中，有 7 个行业的销售额实现了增长，其中手表和珠宝以及休闲用品的增长最为显著：

汽车、零部件及配件价格上涨1.4%。

化妆品、洗漱用品和医疗用品占比4.5%

家具和家用设备占比1.3%

手表和珠宝类商品涨幅达11.1%。

穿着服装和鞋类占2.3%

休闲用品占比13.9%

计算机和电信设备占比5.1%

与此同时，百货商店、食品和酒类销售额跌幅最大：

百货商店下跌3.5%

便利店和小型超市销售额下降1.5%

光学产品和书籍下降2.2%

超市和大卖场销售额下降2.1%

食品和酒类价格下降5.1%

加油站数量下降1.1%

其他股票下跌4%

新加坡统计局的数据还显示，餐饮服务销售额同比下降 1.9%，好于 6 月份 2.3% 的降幅。

餐饮销售总额约为 16 亿美元，其中在线交易占总额的 20.9%。

在该行业中，美食广场和其他餐饮场所，以及注册咖啡馆的销售额分别下降了 6.6% 和 6.4%。

同样，在此期间，餐厅的销售额下降了0.3%。

然而，7 月份快餐店和餐饮服务商分别增长了 4.6% 和 0.3%。