Singapore's Consumer Sector Faces Mixed Outlook for 2025, Report Says

MT Newswires

2024/12/13

CGS International expects Singapore's consumer sector to remain neutral in 2025, according to a report cited by the Singapore Business Review on Thursday.

The report said improvement in consumption trends from the third quarter of 2024 will be driven by improved revenue and higher consumer spending.

According to CGS, Thai Beverage's (SGX:Y92) gross profit margin is expected to improve in 2025 due to lower material costs, while Delfi (SGX:P34) could face lower revenue due to a rise in cocoa prices, the Singapore Business Review reported.

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