, Singapore

Chart of the Day: Business services growth hits 1.8% in Q2

Thanks to growth in professional services and 'other' segments.

This chart from the Ministry of Trade and Industry (MTI) Singapore shows the business services sector grew by 1.8%.

This was faster than the 0.9% expansion in Q1.

Growth in the sector was supported primarily by the others and professional services segments.

Other segments comprise of rental & leasing, professional, scientific & technical services and other administrative & support services.

The number of units transacted grew 51.8% YoY, whilst the price index fell 0.1% on a quarterly basis.

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