It said this was contributed by the wholesale and retail trade, food and beverages and accommodation segment, which saw revenue went up 26.1% y-o-y to RM409.3bil.
KUALA LUMPUR: Revenue for Malaysia’s services sector grew 25.2% year-on-year (y-o-y) to RM506.5bil in the second quarter of 2022 (2Q22), the Statistics Department says.
It said this was contributed by the wholesale and retail trade, food and beverages and accommodation segment, which saw revenue went up 26.1% y-o-y to RM409.3bil.
Meanwhile, the information and communication and transportation and storage segment revenue edged up 21.3% to RM72.2bil.
Besides that, it said the health, education and arts, entertainment and recreation segment revenue grew 24.4% y-o-y to RM15.1bil and professional and real estate agent segment revenue went up 20% y-o-y to RM9.9bil.
On a quarterly basis, it said the total revenue of the services sector grew 7.1% or RM33.8bil.
It said the total number of persons engaged in the sector rose 4.9%, or 177,600 persons, to 3.8 million persons as compared with the corresponding period of the previous year.
