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2010, revenue in Real Estate Services sector was RM34.0 bil.
2010, number of workers in Accommodation sector was 110,535
2014, Distributive Trade recorded sales value of RM951.3b

Index of Services expanded by 7.0 per cent in second quarter of 2017

Release Date : Thursday 10, August 2017 1200

HIGHLIGHTS
INDEX OF SERVICES, SECOND QUARTER 2017
(2010=100)

 

Performance of Services Sector

Index of Services increased by  7.0 per cent to  148.8 points in second quarter 2017 as compared to the same quarter a year earlier. 


The increase was contributed by Information & Communication and Transportation & Storage (7.5%) and Wholesale & Retail Trade, Food & Beverages and Accommodation (7.4%). The seasonally adjusted index of Services went up by  1.5 per cent as compared to the previous quarter.

 

Table 1: Performance of Services Index by Segment

Description Weight Original Index Seasonally Adjusted Index
Index %
Change
YoY
%
Contribution

 
Index %
Change
QoQ
% Contribution
Services (2010=100) 100.0 148.8 7.0 100.0 149.8 1.5 100.0
Wholesale & Retail Trade,
Food & Beverages and Accommodation
44.6 153.6 7.4 47.0 154.6 2.4 65.6
Finance, Real Estate and Professional 
28.4 131.4 6.1 24.7 133.6 -0.3 4.6
Information & Communication and Transportation & Storage
21.2 161.3 7.5 22.6 161.4 1.9 23.8
Other Services
5.8 149.8 6.0 5.7 149.5 0.1 6.0

 

Wholesale & Retail Trade, Food & Beverages and Accommodation

Wholesale & Retail Trade, Food & Beverages and Accommodation expanded by  7.4 per cent as compared to the same quarter 2016. This  growth  was spurred  by  Wholesale & Retail Trade  (7.6%). Seasonally  adjusted  index  of  this  segment  rose  by  2.4 per cent as against the  previous quarter.

 

Finance, Real Estate and Professional

Index of Finance, Real Estate and Professional  posted a growth of  6.1 per cent as compared to the corresponding quarter 2016. The growth was contributed by Professional sub-sectors  (10.6%). Quarter-on-quarter, the seasonally adjusted  index of Finance, Real Estate and  Professional decreased by  0.3 per cent.

 

Information & Communication and Transportation & Storage             

Information & Communication and Transportation & Storage segment recorded  positive growth of  7.5 per cent as compared to the second quarter 2016. The growth was driven by Information & Communication sub-sector with  8.6 per cent. The seasonally adjusted index of this segment grew  1.9 per cent as compared to the preceding quarter.

 

Other Services

Index  of  Other Services grew by  6.0 per cent as compared  with the same quarter of the preceding year. The growth was led by Arts,  Entertainment  & Recreation  sub-sectors  (7.7%).   In  seasonally  adjusted  terms, Other  Services   increased   marginally   0.1 per cent as against the first quarter 2017.

 

 

 *Notes:

Data for second quarter 2017 is provisional. The data will be updated based on the latest available figures and subsequently published in the publication third quarter 2017.

 

Released By:

DR MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA

10 August 2017

Contact person:

Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]stats.gov.my

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