KUALA LUMPUR: Revenue for the services sector in the country soared 10.4 per cent to RM473.0 billion in the first quarter (Q1) of 2022 from RM428.5 billion in Q1 2021, the Department of Statistics Malaysia (DoSM) said.
Presenting DoSM's Quarterly Services Statistics, First Quarter 2022 today, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said services sector performance in Q1 2022 was driven by the wholesale & retail trade, food & beverages and accommodation segment which increased 9.2 per cent to RM378.7 billion.