Services sector sees reprieve in Q3, but revenue 9.5% lower than last year

Economists looking to likely increase in year-end spending amid festive season, mega sales


SINGAPORE'S services sector saw a 9.5 per cent year on year decline in revenue in the third quarter of 2020, although receipts improved on a quarterly basis compared to Q2, according to the Singapore Department of Statistics (SingStat) on Friday.

Q3's year-on-year