Growth in services sector sales cools in Q2
Quarter on quarter, business receipts stayed roughly the same level as in the past two quarters
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus