Volume index of Services recorded 6.0 per cent year-on-year growth in fourth quarter 2024, reaching 157.5 points. The performance of Volume Index of Services for this quarter was primarily driven by the Wholesale & retail trade, Food & beverage and Accommodation segment with a 4.9 per cent increase, followed by Business services and Finance segment (6.9%), Information & communication and Transportation & storage segment (6.7%), and Other services segment (8.6%)”.
For quarter-on-quarter
comparison, volume index of Services went up 0.9 per cent in the fourth quarter 2024. This
growth
was supported by the increase in Wholesale & retail trade, Food &
beverage and Accommodation segment (1.3%), followed by Information &
communication and Transportation & storage segment (2.0%), and Other
services segment (2.3%). However, the Business
services and Finance segment recorded a
decline of 0.9 per cent during this period.
Seasonally adjusted volume index decreased by 0.8 per cent compared to the third quarter 2024. This decline was due to the decreases in the Wholesale & retail trade, Food & beverage and Accommodation segment (-2.1%), as well as the Other services segment (-2.7%). However, during the same period, the Business services and Finance segment and the Information & communication and Transportation & storage segment recorded growth of 0.6 per cent and 1.3 per cent, respectively.
The overall performance in 2024 recorded a steady increase of 5.7 per cent,
reaching 154.0 points, compared to 5.6 per cent in the previous year. This
annual growth was primarily driven by the expansion in key service segments,
including Wholesale & retail trade, Food & beverage and Accommodation
segment (4.6%), followed by Business services and Finance segment (6.8%), Information &
communication and Transportation & storage (6.2%), and Other services
(8.0%).
An Error occurred while handling another error:
yii\web\HeadersAlreadySentException: Headers already sent in /var/www/html/dosm/frontend/controllers/SiteController.php on line 191. in /var/www/html/dosm/vendor/yiisoft/yii2/web/Response.php:368
Stack trace:
#0 /var/www/html/dosm/vendor/yiisoft/yii2/web/Response.php(341): yii\web\Response->sendHeaders()
#1 /var/www/html/dosm/vendor/yiisoft/yii2/web/ErrorHandler.php(136): yii\web\Response->send()
#2 /var/www/html/dosm/vendor/yiisoft/yii2/base/ErrorHandler.php(152): yii\web\ErrorHandler->renderException()
#3 [internal function]: yii\base\ErrorHandler->handleException()
#4 {main}
Previous exception:
yii\web\HeadersAlreadySentException: Headers already sent in /var/www/html/dosm/frontend/controllers/SiteController.php on line 191. in /var/www/html/dosm/vendor/yiisoft/yii2/web/Response.php:368
Stack trace:
#0 /var/www/html/dosm/vendor/yiisoft/yii2/web/Response.php(341): yii\web\Response->sendHeaders()
#1 /var/www/html/dosm/vendor/yiisoft/yii2/base/Application.php(390): yii\web\Response->send()
#2 /var/www/html/dosm/www/index.php(24): yii\base\Application->run()
#3 {main}