- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Singapore: Retail Sales remained strong in December – UOB
Singapore: Retail Sales remained strong in December – UOB
Senior Economist at UOB Group Alvin Liew assesses the latest results from retail sales in Singapore.
Key Takeaways
“Singapore’s retail sales rebounded to end 2022 on a positive note, expanding 1.3% m/m, 7.4% y/y in Dec while Nov’s numbers saw some improvement to -3.6% m/m, 6.5% y/y. For the full year, retail sales rose by 10.5% in 2022, above our forecast of 10.5% but below 2021’s 11.1%.”
“The estimated total retail sales value was S$4.69bn in Dec (from S$4.0 bn in Nov). While the Dec months typically see a spike in retail sales value (likely due to festive spending and gift buying), the latest print is the highest monthly record since the data is made available in 1997. We suspect the high Dec sales was due to a combination of stronger demand (with some element of revenge spending), higher prices (inflation) and buying ahead of Jan 2023 GST hike.”
“Outlook – We have conservatively upgraded our 2023 retail sales growth forecast to 5.0% (from 2.3% previously) with the upside potential to our forecast mainly due to China’s lifting of zero-Covid policy.”
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
