Trade and Investment
18 Dec 2024
Based on preliminary estimates, the European Union was Singapore’s largest export partner for services in 2023, with receipts from the bloc increasing 21.6% on a year-on-year basis to $72.4 bil. The United States (US) continued to be Singapore’s top trading partner for services imports with $105.1 bil in payments to the US, up 13.3% from 2022.
Trade and Investment
17 Dec 2024
Non-oil domestic exports expanded by 14.7% in Nov 2024 on a month-on-month seasonally adjusted basis, after the 7.5% decline in the previous month.
Industry
05 Dec 2024
Retail sales increased 2.2% in Oct 2024 compared to Oct 2023. Excluding motor vehicles, retail sales increased 0.3%. Sales of food & beverage services rose 3.9% in Oct 2024 compared to Oct 2023.
Economy and Prices
29 Nov 2024
The Import, Export, Singapore Manufactured Products and Domestic Supply Price indices rose 0.3%, 0.4%, 1.5% and 0.9% respectively in Oct 2024 over Sep 2024.
Households
28 Nov 2024
Average monthly household income rose 4.1% per annum, while average monthly household expenditure grew by 2.8% per annum from 2017/18 to 2023.
Reference
28 Nov 2024
Key outcomes of the 14th Session of the ASEAN Community Statistical System Committee (ACSS14) held on 26-28 November 2024 are available in the ACSS14 Joint Media Statement.
Economy and Prices
28 Nov 2024
In 2022, Cross-border Supply was the predominant mode of supply, accounting for 86.1% and 78.5% of total services exports and imports respectively, while Consumption Abroad and Presence of Natural Persons contributed to the remainder.
Industry
27 Nov 2024
Business receipts of Singapore’s Services industries, excluding Wholesale Trade, Retail Trade, Accommodation and Food Services, increased 12.7% in 3Q 2024 compared to 3Q 2023.
Industry
26 Nov 2024
Manufacturing output increased 0.1% in Oct 2024 on a seasonally adjusted month-on-month basis.
Economy and Prices
26 Nov 2024
Household net worth grew by 8.9% on a year-on-year basis in 3Q 2024. Growth in assets and liabilities were higher in 3Q 2024 compared to 2Q 2024.
Economy and Prices
25 Nov 2024
CPI in Oct 2024 fell 0.3% from the previous month and rose 1.4% from a year earlier.
Economy and Prices
25 Nov 2024
Joint press release on “Consumer Price Developments in Oct 2024” by MAS and MTI