Singapore’s retail demand is expected to remain resilient in the near term despite a January slowdown, although rising energy costs and geopolitical tensions could weigh on consumer spending later in the year, analysts said. “We anticipate Singapore’s retail sales growth to remain steady into the first half of 2026,” said Barnabas Gan, group chief economist and head of market research at RHB. Festive-related spending is expected to support retail sales in the first quarter, given the clustering of major celebrations such as Chinese New Year, Valentine’s Day, and Hari Raya Puasa. The sector should also remain supported by a resilient economic backdrop and a stable labour market, Gan added.   https://sbr.com.sg/retail/in-focus/retail-stays-steady-despite-04-dip-festive-boom-kicks-in-analysts (ICE SINGAPORE)

Fonte notizia: Singapore Business Review, 9 March 2026