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Singapore Q3 wholesale trade down 26%

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Published Fri, Nov 20, 2015 · 09:50 PM

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    Singapore

    DRAGGED down by lower petroleum prices and sluggish economic activity, Singapore's domestic wholesale trade contracted sharply by 26 per cent in the third quarter of 2015, compared to a year ago.

    Excluding petroleum, however, the drop was less severe, 12.1 per cent, said the Department of Statistics Singapore (DOS) on Friday.

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