Singapore retail sales surged 11.2% in February, driven by Chinese New Year falling later than in 2025, according to the Department of Statistics. Total retail sales reached 3.6 billion Singapore dollars ($2.8 billion), with cosmetics, watches, and jewelry posting approximately 13% YoY growth. Department stores rose 16.8%, while recreational goods led all categories at 26%. For the January-February period combined, retail sales grew 3.5% YoY. Online sales accounted for 16.2% of the total. Food and beverage services also recovered, rising 5.5% after a 3.2% drop in January.

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