KUALA LUMPUR: Services sector revenue registered a 6.9 per cent growth year-on-year (y-o-y) in the second quarter of 2023 (2Q 2023) to record a total of RM568.3 billion, the Department of Statistics Malaysia (DOSM) reported.
Chief statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said the services sector's performance in the 2Q was driven by the wholesale and retail trade, food and beverages, and accommodation segment, which increased 5.9 per cent to RM433.5 billion.
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