Domestic wholesale trade (seasonally adjusted) increased 3.2% in 1Q2013 over 4Q2012. Excluding petroleum, domestic wholesale trade grew by 2.5%. Foreign wholesale trade (seasonally adjusted) increased 3.0% in 1Q2013 over 4Q2012. Excluding petroleum, foreign wholesale trade grew by 4.5%.
An information paper on “Re-basing of the Wholesale Trade Index (2012 = 100)” is released by the Singapore Department of Statistics. The paper presents the re-basing of the Wholesale Trade Index from reference year 2007 to reference year 2012. Details on the data sources, methodology adopted, formula for index compilation and the comparison of the re-based series and old series are provided in the paper.