, Singapore

Chart of the Day: Infocomm services sales grew 13.6% in Q4 2017

It led the growth in the services sector.

This chart from the Department of Statistics shows all services industries performed better in fourth quarter 2017, with the information & communications services industry reporting the largest growth of 13.6%.

Similarly, business receipts rose for the education services (13.3%), health & social services (11.9%), recreation & personal services (9.8%), financial & insurance services (9.2%), business services (7.1%) and transport & storage services (4.3%) industries.

In comparison with fourth quarter 2016, overall business receipts grew by 8.6% in fourth quarter 2017.

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