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Singapore's Q1 domestic wholesale trade slumps 22.6%

Saturday, May 21, 2016 - 05:50

PRICE FACTOR: After adjusting for price fluctuations, domestic wholesale trade is down 1.7 per cent year on year.


SINGAPORE'S domestic wholesale trade, dragged down by lower oil prices, deepened their slide in the first quarter of this year. It fell by 22.6 per cent in Q1 when compared to the same period last year.

"The decline in nominal domestic wholesale trade value was due partly

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