Domestic wholesale trade slipped 0.5% in Q3

That's excluding petroleum trade.

According to a release by the Department of Statistics, excluding petroleum, domestic wholesale trade declined 0.5%. After removing price effect, domestic wholesale trade contracted by 3.3% over the previous quarter.

Meanwhile, domestic wholesale trade (seasonally adjusted) rose 0.7% in third quarter 2013 over second quarter 2013.

Compared to the same period a year ago, domestic wholesale trade increased 5.1% in third quarter 2013. Excluding petroleum, domestic wholesale trade grew by 2.8% compared to third quarter 2012. After adjusting for price changes, domestic wholesale trade registered a year-on-year increase of 6.5%.

Foreign wholesale trade (seasonally adjusted) increased 2.2% in third quarter 2013 over second quarter 2013. Excluding petroleum, foreign wholesale trade rose 3.7% over the previous quarter. After removing price effect, foreign wholesale trade increased marginally 0.4%.

Compared to the same period a year ago, foreign wholesale trade expanded by 6.9%. Excluding petroleum, foreign wholesale trade grew by 9.8%. After adjusting for price changes, foreign wholesale trade registered a year-on-year increase of 7.4%.

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