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Growth in services sector sales cools in Q2

Quarter on quarter, business receipts stayed roughly the same level as in the past two quarters

Published Wed, Aug 27, 2014 · 10:00 PM
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[SINGAPORE] Takings in the business services sector in the second quarter continued to grow slower year on year, says the latest Business Receipts Index for Services Industries.

And they were flat against the first quarter, according to the index released on Wednesday by the Department of Statistics.

Compiled at current prices, the index exclude wholesale & retail trade and accommodation & food services.

In the second quarter, the index shows services industries like financial & insurance, real estate, rental & leasing, education and health …

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