Singapore Retail Sales y/y
Low | -0.6% | 3.8% |
2.2%
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Last release | Importance | Actual | Forecast |
Previous
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0.4% |
-0.6%
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Next release | Actual | Forecast |
Previous
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Retail Sales y/y reflect the short-term retail activity level. The indicator reflects the percentage change in total retail sales in Singapore in the reported month compared to the same month of the previous year. The calculation is based on prices not including taxes. A higher than expected reading can have a positive effect on the Singapore dollar quotes.
Last values:
actual data
forecast
The chart of the entire available history of the "Singapore Retail Sales y/y" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.