新加坡零售销售连续增长

Core Insights - Singapore's retail sales showed resilience with a year-on-year increase of 1.4% and a month-on-month increase of 1.0% in May, marking the strongest monthly performance of the year and the third consecutive month of positive year-on-year growth [1][2] - The automotive sector played a crucial role in driving retail sales, with a year-on-year growth of 10.4% in May, supported by stable domestic economic conditions and government policies [1][2] - Online retail transactions accounted for 12.3% of total sales in May, with significant contributions from categories like computers and telecommunications equipment, and furniture and home equipment [1][2] Retail Category Performance - Different retail categories exhibited varied performance; cosmetics, personal care, and medical products saw sales growth of 2%, 7%, and 4.5% respectively, while department stores, food and alcoholic beverages, and clothing and footwear experienced declines of 3.9%, 4.5%, and 5.3% [2] - The food service industry also experienced growth, with a year-on-year increase of 1.4% in May, driven by a 17.2% rise in food delivery services [2] Emerging Trends - Consumer expectations for shopping experiences are evolving, with a growing demand for convenience and personalized services, prompting retailers to enhance operational models and adopt new technologies [3] - There is an increasing focus on sustainable products among consumers, leading retailers to introduce eco-friendly product lines and promote them through online channels [3] - The combination of strong automotive sales, stable online retail growth, and the recovery of the food service sector is propelling the development of Singapore's retail market [3]