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Higher petroleum, chemical prices lift Q1 domestic wholesale trade

Foreign wholesale trade grows 27.3% in Q1 compared to a year ago

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The sale of petroleum and petroleum products grew 53.7 per cent year on year. But with the price effect stripped out, domestic sales of the petroleum and petroleum products industry actually fell 9.3 per cent.

Singapore

HIGHER prices of petroleum and chemical products lifted Singapore's domestic wholesale trade in the first quarter of the year, said the Department of Statistics on Friday.

Domestic wholesale trade expanded by 23.5 per cent in Q1 2017 compared to a year ago; quarter on

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