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.