This section includes short-term performance indicators that offer quick insights into the services industries:
- Monthly retail sales and food & beverage services indices,
- Quarterly wholesale trade series,
- Quarterly business receipts for services industries
It also features comprehensive annual data offering in-depth insights into the services industries.
Latest News & Data
Latest News
Sales of Retail Trade rose 1.5% while sales of Food & Beverage services declined 1.9% in Jul 2026 compared to Jul 2025.
Business receipts of Singapore’s Services industries, excluding Accommodation, Finance & Insurance and Real Estate Developers, increased 25.5% year-on-year in 2Q 2026.
In 2Q 2026, domestic wholesale sales increased 20.3%, or 21.4% excluding petroleum. Foreign wholesale sales increased 28.6%, or 21.9% excluding petroleum.
A net weighted balance of 13% of services firms expect a more favourable business outlook for the period of Jul–Dec 2026, with 19% upbeat and 6% pessimistic.
In 2024, the total e-commerce revenue of the services sector in Singapore was $435.2 bil, accounting for 8.1% of the total services sector’s operating revenue.
In 2024, Singapore’s Services Sector generated $6,087 bil in operating revenue. All industries recorded increases in operating revenue.
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Latest Data
| Item | Unit | Latest Period | Latest Data |
% Change (Y-o-Y)
|
Previous Period Data |
% Change (Y-o-Y)
|
|---|---|---|---|---|---|---|
| Retail Sales Index at Current Prices | (2025=100) | Jul-26 | 101.6 | 1.5 | 97.3 | 4.0 |
| Food & Beverage Services Index at Current Prices | (2025=100) | Jul-26 | 99.8 | -1.9 | 93.8 | -2.3 |
| Domestic Wholesale Trade Series at Current Prices | S$m | 2Q 2026 | 129,149 | 20.3 | 113,070 | -1.4 |
| Foreign Wholesale Trade Series at Current Prices | S$m | 2Q 2026 | 1,191,217 | 28.6 | 1,000,123 | 6.3 |
| Business Receipts for Services Industries | S$m | 2Q 2026 | 1,583,221 | 25.5 | 1,353,960 | 6.2 |
| Share of E-Commerce Revenue on Operating Revenue, Total Services Sector | % | 2024 | 8.1 | na | 7.8 | na |
| Online Retail Sales Proportion (% Out of the Retail Trade's Total Sales) | % | Jul-26 | 15.4 | na | 16.4 | na |
| Online Retail Trade Excluding Motor Vehicles (% Out of the Retail Trade's Total Sales) | % | Jul-26 | 18.3 | na | 19.5 | na |
| Online Food & Beverage Proportion (% Out of the Food & Beverage's Total Sales) | % | Jul-26 | 20.9 | na | 20.4 | na |
| Item | Unit | Latest Period | Latest Data |
% Change (Y-o-Y)
|
Previous Period Data |
% Change (Y-o-Y)
|
|---|---|---|---|---|---|---|
| Retail Sales Index at Current Prices | (2025=100) | Jul-26 | 101.6 | 1.5 | 97.3 | 4.0 |
| Food & Beverage Services Index at Current Prices | (2025=100) | Jul-26 | 99.8 | -1.9 | 93.8 | -2.3 |
| Domestic Wholesale Trade Series at Current Prices | S$m | 2Q 2026 | 129,149 | 20.3 | 113,070 | -1.4 |
| Foreign Wholesale Trade Series at Current Prices | S$m | 2Q 2026 | 1,191,217 | 28.6 | 1,000,123 | 6.3 |
| Business Receipts for Services Industries | S$m | 2Q 2026 | 1,583,221 | 25.5 | 1,353,960 | 6.2 |
| Share of E-Commerce Revenue on Operating Revenue, Total Services Sector | % | 2024 | 8.1 | na | 7.8 | na |
| Online Retail Sales Proportion (% Out of the Retail Trade's Total Sales) | % | Jul-26 | 15.4 | na | 16.4 | na |
| Online Retail Trade Excluding Motor Vehicles (% Out of the Retail Trade's Total Sales) | % | Jul-26 | 18.3 | na | 19.5 | na |
| Online Food & Beverage Proportion (% Out of the Food & Beverage's Total Sales) | % | Jul-26 | 20.9 | na | 20.4 | na |