新华财经新加坡12月6日电（记者刘春涛） 新加坡统计局5日发布的数据显示，受手表、珠宝和休闲用 品销售强劲增长的推动，2025年10月新加坡零售销售额同比增长4.5%，增速较9月的2.7%有所加快，这 也是新加坡零售销售连续第八个月实现同比增长。 与此同时，部分领域销售出现下滑。加油站销售额同比下降17.4%，食品与酒精饮料销售额同比下降 2.5%。 网络销售方面，10月在线零售销售额占零售销售总额的14.5%，略低于9月的15.0%。 （文章来源：新华财经） 数据显示，10月新加坡零售销售总额约为44亿新加坡元（约合34亿美元）。若剔除汽车销售，10月零售 销售额同比增长3.7%，高于9月1.8%的增幅。 经季节性调整后，10月零售销售额环比增长2.3%；剔除汽车销售后，环比增长2.9%。 在零售业的14个类别中，多数在10月录得同比增长。其中，手表和珠宝行业销售额同比大涨25.0%，涨 幅居首，主要由珠宝销售带动；休闲用品行业销售额同比增长20.4%；汽车销售额同比增长9.7%。 ...

Core Insights - The online shopping penetration in Morocco reached 24.9% in 2024, a significant increase from 15.1% in 2019, with 3.7 million new online shoppers added over five years, representing a 65% growth [1] - The total e-commerce transaction value in Morocco reached $2.2 billion in 2023, with an average annual growth rate exceeding 30% over the past five years [1] - The Moroccan e-commerce market is projected to grow at an annual rate of 10.5% from 2024 to 2029, with the number of users expected to rise from 7.4 million to 9.9 million, increasing the penetration rate to 25.4% [1] Consumer Behavior - In 2024, over 76.3% of Moroccan online shoppers are expected to place orders 2 to 5 times a year, up from 51.5% in 2019, while the proportion of "occasional buyers" dropped from 34% to 8.1% [1] - The main consumer demographics driving this growth are young urban populations who heavily utilize mobile devices and are influenced by commercial social networks [1] Product Preferences - The best-selling products in Morocco include daily necessities and leisure items, with notable differences in preferences between genders: 77% of female consumers purchase fashion items, while 43% of male consumers buy food [2] - Payment methods show a strong preference for cash on delivery, which accounts for 84.1% of transactions, indicating a consumer inclination towards the security of physical transactions [2] Logistics and Infrastructure - Nearly 90% of orders are delivered to homes, a significant increase from 76.7% in 2019, reflecting the expansion and maturity of the logistics network [2] - E-commerce activities are primarily urban-centric, but rural penetration is gradually increasing due to the proliferation of smartphones and mobile internet [3] Government Initiatives - The Moroccan Ministry of Industry and Trade has implemented measures to promote healthy e-commerce development, including revising the Consumer Protection Law and conducting national e-commerce research to formulate development strategies [3]

Core Insights - Retailers are gradually raising prices on various goods to cope with higher import tariffs, leading to a slight increase in core inflation for U.S. consumers in July [1] - The median forecast from economists surveyed by Bloomberg indicates that the U.S. Core Consumer Price Index (Core CPI) rose by 0.3% in July, up from a 0.2% increase in June, marking the largest increase this year [1] - Despite the rise in Core CPI, lower gasoline prices are expected to keep the overall Consumer Price Index (CPI) increase in July below 0.2% [1] Industry Impact - The imposition of higher tariffs by the U.S. on trade partners is beginning to affect consumer prices in categories such as home goods and leisure products [1] - Although indicators measuring core service inflation remain moderate, economists generally expect the impact of increased tariffs to continue to manifest gradually [1] Economic Context - The Federal Reserve has maintained interest rates steady this year, while signs of a cooling labor market have emerged, creating a dilemma for the Fed, which is tasked with both stabilizing prices and achieving full employment [1] - As concerns about the sustainability of the job market grow, many companies are seeking ways to minimize the transfer of tariff costs to consumers [1]