Singapore
RETAIL SECTOR SEEN MAINTAINING STABLE GROWTH INTO 2026 Singapore Business Review, 10 February 2026
Retail sector is expected to maintain stable growth heading into 2026, supported by firm domestic demand, a resilient labour market and seasonal spending, according to RHB. RHB maintained its full-year retail sales growth forecast for 2026 at 2.0%, noting that retail activity is likely to remain supported at least through the first half of the year. The research house said near-term stability is anchored by festive spending in the first quarter, a still-supportive economic environment and steady labour demand. Spending in 1Q 2026 is expected to benefit from major festive occasions, including Chinese New Year, Valentine’s Day and Hari Raya Puasa, alongside the distribution of $300 Community Development Council (CDC) vouchers in January 2026, which is expected to stimulate domestic consumption. RHB also pointed to strong GDP performance toward the end of 2025, which is likely to carry into early 2026, even as growth may moderate later in the year due to high base effects. The labour market remains a key pillar of support, with full-employment conditions providing households with income visibility and confidence to sustain discretionary spending, the report said. https://sbr.com.sg/retail/news/retail-sector-seen-maintaining-stable-growth-2026 (ICE SINGAPORE)
Fonte notizia: Singapore Business Review, 10 February 2026
