Retail Sales Index May 2021

Retail sales increased 79.7% in May 2021 on a year-on-year basis, compared to the 54.0% increase recorded in April 2021. The large year-on-year growth in May 2021 was attributed to the low base in May 2020 when the Circuit Breaker measures were put in place to contain the COVID-19 outbreak, and physical stores were closed for the whole month. Retail sales, however, continued to be below pre-COVID levels. Excluding motor vehicles, retail sales rose 61.6% in May 2021, compared to the 39.2% growth in April 2021. On a seasonally adjusted basis, retail sales fell 6.8% in May 2021 over the previous month. Excluding motor vehicles, seasonally adjusted retail sales declined 5.2% compared to April 2021.


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COVID-19 Newswatch

Resources and Updates for Retailers


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WHAT'S ON

Singapore Retailers Association (SRA) is proud to support the National Environment Agency (NEA)’s Say YES to Waste Less (SYTWL) campaign and we would like to encourage you to join us in this journey with NEA and lead the change for both our people and the environment.
28 Jul 2021 - 1 Oct 2021
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This half-day workshop provides participants with a high lead overview of job redesign methodology and process, giving them a deeper understanding of what Job Redesign is, and the investment required to reap its benefits. Participants will also be equipped with a job Redesign template to help them kick-start job redesign at the workplace.
16 Sep 2021 - 23 Sep 2021
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NEWS AND UPDATES

To substantiate with facts SRA’s recent appeal for Landlord’s support for rental rebates, (https://bit.ly/Ph2-HA-SRA-Appeal-Facebook) your feedback on the impact of the recent tightened restrictions on your retail business is important for us to make a stronger collective stand. Survey closing date: Thu 29 Jul 2021 Click here to complete the survey
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SRA Members who need an extension of bank loan principal moratorium to June 2022 or assistance with loan facilities and restructuring, kindly approach your respective bankers to ask for a restructure. Should your appeal for restructuring be rejected, kindly email info@sra.org.sg by Mon 2 Aug 2021 providing name of company, contact person/contact details, name of… View Article
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MEMBERS EXCLUSIVE

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