Local services industry business receipts down 3.8% in Q1
Business services fall the most, while education services rise the most
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Singapore
SINGAPORE'S services sector logged an overall decline in turnover in the first quarter of 2016, posting a quarter-on-quarter fall of 3.8 per cent in business receipts.
The business services industry recorded the deepest decline of 7.5 per cent, followed by the recreational & personal services industry (- 7.3 per cent), said the Department of Statistics on Friday.
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