LOGO
LOGO

Asian Economic News

Singapore Wholesale Trade Declines In Q3

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Singapore's domestic wholesale trade contracted in the three months ended September, figures from the Department of Statistics showed Friday.

Wholesale trade fell a seasonally adjusted 0.3 percent sequentially in the third quarter, reversing a 5.5 percent climb in the previous quarter. However, excluding petroleum, wholesale sales rose 1.1 percent.

After removing the price effect, overall domestic wholesale trade dropped 1.9 percent over the previous quarter.

On an annual basis, domestic wholesale trade plunged 13.8 percent in the September quarter, following a 20.2 percent slump in the June quarter.

Foreign wholesale trade advanced 3.6 percent over the quarter, while it declined 8.8 percent yearly in the third quarter.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.