ECONOMY | Staff Reporter, Singapore

Services industries revenue up 4.9% in Q2

Infocomms sector posted the highest revenue growth.

The overall services industries, excluding wholesale & retail trade and accommodation & food services, grew by 4.9% in revenue in 2Q17.

All services industries performed better in 2Q17, with the information and communications services industry posting the highest growth of 10.6%.

Similarly, business receipts rose for the health services, with revenues 8.6%.

Recreation, transport & storage, and business services industries also posted expansions of 6.8%, 5.5%, and 4.5%, respectively.

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