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Singapore's Q2 domestic wholesale trade drops 20.5%

Saturday, August 20, 2016 - 05:50
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WEAK SENTIMENT: The decline in Q2's wholesale trade was broad-based, with eight out of 11 industries posting declines - each with double-digit drops.

Singapore

LOWER prices of petroleum and chemical products dragged Singapore's domestic wholesale trade down in the second quarter of 2016, said the Department of Statistics on Friday.

Domestic wholesale trade contracted 20.5 per cent year on year in Q2; excluding petroleum, however

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