Personal and Business Services Lead the Charge
Within the tertiary sector, Broad-ranging Personal Services and Broad-ranging Business Services played pivotal roles. Personal Services saw a modest 0.3% monthly increase, reaching an index of 101.5, and a 2.6% annual growth. Simultaneously, Business Services soared with an index of 102.2, marking an impressive 1.5% monthly surge, and an equally substantial 2.6% year-on-year rise. This indicates that both consumer-centric and professional services continue to flourish, driven by evolving consumer needs and business demands.
Driving Forces Behind the Surge
A closer look at the industries contributing to these positive changes reveals some noteworthy trends. Transport and Postal Activities, particularly Road Freight Transport, played a significant role, with a 6.9% monthly increase and a 5.7% year-on-year growth. Retail Trade,…
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