Domestic wholesale trade in Singapore's drops 20.5%

(MENAFN) Department of Statistics Singapore stated in its latest report that domestic wholesale trade shrank 20.5% in Q2 of 2016.

This nominal decline was due to partly lower prices of Petroleum and Chemical products compared to the Q2 of 2015.

Accordingly, domestic wholesale trade declined 15.5% compared to the same period previous year, excluding Petroleum.


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