Services sector Q2 revenue up significantly

All quiet at a shopping mall in Petaling Jaya during the MCO in late July, 2021. The services sector has notably suffered under the various movement restrictions over the past 1½ years given its heavy reliance on foot traffic.

KUALA LUMPUR: Malaysia’s services sector revenue recorded significant growth of 20.5% to RM404.5bil for the second quarter (Q2) compared with the same quarter in the previous year, according to the Statistics Department.

However, this is mainly due to the low base effect.