Advance estimates for 4Q 2023 indicate that on a quarter-on-quarter seasonally-adjusted basis, the economy expanded by 1.7%, extending the 1.3% expansion in 3Q 2023.

More info via 👉 www.singstat.gov.sg/advgdp

#economy #nationalaccounts #GDP

Retail sales rose 2.5% in Nov 2023 compared to Nov 2022. Excluding motor vehicles, retail sales increased 1.4%. Sales of food & beverage services increased 1.4% in Nov 2023 compared to Nov 2022.

More info via 👉 www.singstat.gov.sg/mrs.

#industry #services #RSI #FSI

Explore trends in Operating Revenue of Fast Food Outlets and other F&B Services industries using the interactive dashboard 👉 go.gov.sg/fnb-inddb.

Singapore’s portfolio investment assets stood at $2,264 bil as at end-June 2023. The top five destination economies were the United States, Mainland China, Japan, India, and the Republic of Korea.

More info via 👉 www.singstat.gov.sg/pia.

#economy #internationalinvestment #PIA

Non-oil domestic exports declined 2.8% in Dec 2023 on a month-on-month seasonally adjusted basis, after the previous month’s 0.3% increase.   

More info via 👉 www.enterprisesg.gov.sg.

#tradeandinvestment #trade

Singapore’s portfolio investment liabilities stood at $593 bil as at end-June 2023. The top source economies included the United States, United Kingdom, Hong Kong, Luxembourg and Mainland China.

More info via 👉 www.singstat.gov.sg/pil.

#economy #internationalinvestment #PIL

CPI in Dec 2023 rose 0.4% from the previous month and 3.7% from a year earlier. For the whole of 2023, the CPI rose 4.8% over 2022.

More info via 👉 www.singstat.gov.sg/cpi.

#economy #prices #CPI

Explore trends in Consumer Price Index by Household Income Group using the interactive dashboard at 👉 go.gov.sg/cpi-hhincgrpdb.

The Singapore Department of Statistics has released the Consumer Price Index (CPI) by Household Income Group for 2H 2023 and full year 2023.

More info via 👉 http://www.singstat.gov.sg.

#economy #prices #CPI

Happy International Day of Education!

Explore trends in the educational profile of Singapore’s residents using the interactive dashboard 👉 go.gov.sg/edutrendsdb.

#population #PopTrends #MeanYearsofSchooling #InternationalDayofEducation

Manufacturing output decreased 1.7% in Dec 2023 on a seasonally adjusted month-on-month basis.

More info via 👉 www.edb.gov.sg.

#industry #manufacturing #IIP

The Import and Export Price Indices fell 2.1% and 2.4% respectively in Dec 2023 over Nov 2023; excluding Oil, the indices declined 0.6% and 1.4% respectively.

For full year 2023, the Import and Export Price Indices declined 5.6% and 7.6% respectively over 2022; excluding oil, the indices decreased 0.6% and 4.7% respectively.

The Singapore Manufactured Products and Domestic Supply Price Indices declined 1.1% and 2.6% respectively in Dec 2023 over Nov 2023; excluding Oil, the indices declined 0.5% and 1.4% respectively.

For full year 2023, the Singapore Manufactured Products and Domestic Supply Price Indices declined 4.5% and 6.7% respectively over 2022; excluding oil, the indices decreased 2.7% and 2.1% respectively.

More info via www.singstat.gov.sg/ppi.

#economy #prices #PPI

Explore trends in Singapore Manufactured Products Price Index using the interactive dashboard 👉 go.gov.sg/smppidb.

Business Expectations of the Services Sector
19% of firms in the services sector are upbeat about the business conditions while 14% foresee deteriorating business conditions, resulting in a net weighted balance of 5% of firms expecting a more favourable business outlook for the period of Jan – Jun 2024.

More info via 👉 www.singstat.gov.sg.

Business Expectations of the Manufacturing Sector
21% of firms in the manufacturing sector expect business conditions to improve while 11% foresee a weaker business outlook, resulting in a net weighted balance of 10% of firms anticipating an improved business situation for the period of Jan – Jun 2024.

More info via 👉 www.edb.gov.sg.

#industry #bizexpectations

Explore trends in Business Expectations of Services industries using the interactive dashboard 👉 go.gov.sg/besdb.

Retail sales declined 0.4% in Dec 2023 compared to Dec 2022. Excluding motor vehicles, retail sales fell 2.7%. Sales of food & beverage services rose 0.3% in Dec 2023 compared to Dec 2022.

More info via 👉 www.singstat.gov.sg/mrs.

#industry #services #RSI #FSI

Explore trends in Operating Revenue of Supermarkets & Hypermarkets and Mini-Marts & Convenience Stores and other Retail Trade Services industries using the interactive dashboard 👉 go.gov.sg/inddb.

Median household income from work grew in 2023.
 
For the latest trends in household income in 2023, check out the Key Household Income Trends 2023 report 👉 go.gov.sg/khit23pp and the infographic 👉 go.gov.sg/khit23inf.
 
#households #KHIT

Performance of the Singapore Economy for 2023 will be released on 15 Feb 2024, 8.00 a.m..

More info via 👉 www.singstat.gov.sg/gdparc.

#economy #nationalaccounts #GDP

Happy Valentine’s Day!

Explore trends in Singapore’s marital status using the interactive dashboard 👉 go.gov.sg/smddb.

#population #marriages #ValentinesDay

The Singapore economy grew by 2.2% on a year-on-year basis in 4Q 2023. The GDP growth forecast for 2024 is maintained at 1.0% to 3.0%.

More info via 👉 www.singstat.gov.sg/gdp.

#economy #nationalaccounts #GDP