Tag Singapore

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Retail sales in Singapore up 13% in August

According to Singapore’s National Statistics Office (DOS), retail sales in Singapore rose 13% year-on-year in August, but at a slower pace than in July (13.9%). According to DOS, the year-on-year increase in retail sales was partly due to growth in…

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Singapore home prices rise 3.4% in Q3/22 despite interest rate hikes

Singapore home prices continued to rise sharply in 3Q22 as homebuyers shrugged off concerns about rising interest rates. The Singapore Urban Development Authority released its preliminary estimates today (Oct. 3), showing that private property values rose 3.4% quarter-over-quarter and 13.2%…

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Singapore’s non-oil exports grew by 11.4% in August

Singapore’s non-oil domestic exports (NODX) rose 11.4% in August from a year earlier, following a 7% growth in July. Enterprise Singapore (ESG) said Friday (Sept. 16) that exports of non-electronics products rose, while exports of electronics products fell from a…

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Singapore’s industrial production up 0.6% in July

The Singapore government said the country’s industrial output rose 0.6% in July from a year earlier, due in part to electronic equipment manufacturing and a decline in biomedical production. On a seasonally adjusted monthly basis, industrial production fell by 2.3%…

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Singapore’s non-oil exports up 7% in July

Enterprise Singapore, Singapore’s trade promotion agency, said Singapore’s non-oil exports (NODX) grew 7% slower year-on-year in July, following an 8.5% increase in June, the 20th consecutive month of growth. The report states that exports of electronic and non-electronic products also…

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