Moody's forecast: December retail sales dipped by 0.3%

Find out its biggest drag.

According to Moody's Analytics, headline retail spending in Singapore has been hindered by the tightening of Certificates of Entitlement for automobiles. Sales excluding motor vehicles are growing at a stronger, albeit still-subdued, pace. The tight employment market is boosting wages and should boost spending in coming months.

The forecast came as official Singapore retail sales data for December are scheduled to be released this Thursday, February 14.



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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.2574-0.0007-0.06%
    USDSGD=X
    1.7400-0.0002-0.01%
    EURSGD=X
    2.1127-0.0011-0.05%
    GBPSGD=X
    81.3436+0.0516+0.06%
    SGDJPY=X
    6.1662+0.0035+0.06%
    SGDHKD=X
    2.6046+0.0063+0.24%
    SGDMYR=X
    9,243.1035-12.9229-0.14%
    SGDIDR=X
    4.9728+0.0058+0.12%
    SGDCNY=X
    1.1658+0.0005+0.04%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,293.20+2.60+0.20%
    GCM14.CMX
    19.59-0.09-0.47%
    SIK14.CMX
    91.62-1.25-1.35%
    ^XAU
    3.11-0.01-0.19%
    HGK14.CMX
    101.53-0.41-0.40%
    CLM14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.74+0.03
    ^FVX
    2.690.00
    ^TNX
    3.460.00
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
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    JS8.SI
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    U6C.SI
    0.121-0.002-1.63%
    B22.SI
    1.335-0.020-1.48%
    G13.SI
    1.22+0.005+0.41%
    S53.SI
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    % Gainers
    NamePriceChange% Chg
    0.167+0.015+9.87%
    5HH.SI
    0.21+0.020+10.53%
    F86.SI
    0.116+0.010+9.43%
    O2I.SI
    0.72+0.050+7.46%
    5DP.SI
    1.315+0.084+6.82%
    O9A.SI
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    % Losers
    NamePriceChange% Chg
    0.141-0.013-8.44%
    5GD.SI
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    A03.SI
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    K29.SI
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    T14.SI
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    5UZ.SI