Singapore's Q1 domestic wholesale trade slumps 22.6%
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Singapore
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 to lower prices of petroleum and chemical products," said the Department of Statistics, which released the data on Friday.
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