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Malaysia’s Services sector records double-digit growth as revenue rises by 11.0 per cent to RM732.5 billion in the third quarter of 2026
In the third quarter of 2026, total revenue of the Services sector recorded RM732.5 billion, registering a positive growth of 11.0 per cent as compared to the same quarter in 2025. The increase was driven by Wholesale & retail trade, Food & beverage and Accommodation segment, which collectively contributed RM554.7 billion, increased by 11.6 per cent. For quarter-on-quarter basis, total revenue increased by 2.5 per cent.
The total number of persons engaged in this sector amounted to 4.70 million persons, an increase of 2.2 per cent against the corresponding period of the previous year. For quarter-on-quarter comparison, the number of persons engaged rose 0.7 per cent.
Salaries & wages in the third quarter of 2026 posted a growth of 4.6 per cent to reach RM36.1 billion compared to the same quarter a year ago. For quarter-on-quarter comparison, salaries & wages increased by 1.4 per cent.
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