Growth in wholesale trade in Singapore slowed in the second quarter

Domestic wholesale sales in Singapore in the second quarter, seasonally adjusted, increased by 2.4% after growing by 6.2% in the previous quarter, writes, citing data from the Statistics Department of Singapore. The volume of domestic wholesale trade without taking into account the effect of prices decreased by 2.8% compared to the previous quarter. The non-oil indicator increased by 5.4% compared to the first quarter, when the volume of domestic wholesale trade fell by 5.9%. In annual terms, domestic wholesale sales increased by 10.3% after an increase of 6.9% quarter-on-quarter.

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