Business service sector grows turnover but remains somber

The business service sector has seen slight growth but expectations remain somber, the latest figures from the national statistics office CBS figures show.


Turnover in the sector grew 1.3% in the second quarter compared with the year-earlier period, the CBS said. Over the first half growth was 0.7%.
Travel agents and inspection agencies booked the best growth, with 9.4% and 5.9% respectively. Architects had the worst quarter with a drop of 10% in turnover.
The business service sector is experiencing a worsening economic climate and expects average turnover and prices across the sector to remain the same as 2011, but with fewer workers.

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