Analysts Keep a Bright Outlook for Retail
Analysts Keep a Bright Outlook for Retail
RHB sees retail sales rising 2% YoY in 2024.
RHb预计2024年零售销售额将同比增长2%。
Singapore's retail sector will continue to perform well for the rest of the year largely thanks to an improving external environment and a strong lineup of major events, according to research analyst.
根据研究分析师的研究，新加坡的零售板块将在今年剩余时期继续表现良好，这主要归因于外部环境的改善和重要活动的强劲阵容。
In a recent note, RHB stressed that they remain optimistic about the retail sales growth for the second half of 2024 after sales rebounded with a 2.2% YoY increase in May from the 1.2% dip in April.
在最近的一份报告中，RHb特别强调他们对2024年下半年零售增长前景的乐观态度，因为5月份销售额同比增长2.2%，反弹回升，而四月销售额同比下降了1.2%。
RHB said they expect wholesale and retail sectors to grow 1.8% and 2.2% in 1H24
and 2H24, respectively, leading to an estimated full-year growth of 2% YoY for 2024.
RHb表示他们预计1H24批发和零售板块将分别增长1.8%和2.2%，预计2024年全年增长将达到2%。
预计2024年1H24和2H24零售增长分别为1.8%和2.2%，全年预计增长2%。
Supporting last month's rebound were strong motor vehicle sales, as well as higher sales in food, alcohol, watches, cosmetics and wearing apparel, according to a separate note by UOB.
根据大华银行的另一份报告，上个月强劲的汽车销售和食品、酒类、手表、化妆品和服装销售的增长支持了销售的反弹。
UOB said upcoming major events such as Formula 1 Singapore Grand Prix 2024 in September could provide a boost to retail sales.
大华银行表示，即将到来的重大活动，例如2024年9月的新加坡F1大奖赛可能会提振零售销售。
Further fueling consumer spending are government programmes like the B2024 Cost-of-Living Special Payment and the GSTV - Cash.
政府计划如B2024生活费特别支付和GSTV现金等进一步刺激消费支出。
RHB also highlighted the retail sector's resiliency after tourist arrivals in the second quarter eased from the tourism boom in the first quarter.
RHb还强调了零售行业的弹性，因为第二季度游客到访数量从第一季度的旅游高峰期缓和了。
It expects tourism to bounce back in the months ahead, boosting consumer spending and driving retail sales.
RHb预计旅游业将在未来几个月反弹，推动消费支出和零售销售的增长。