The Singapore Department of Statistics has reported a mixed performance in the Services Producer Price Indices for the first quarter of 2025.
Notably, the indices showed an increase for several sectors, including Postal and Courier Services, which rose by 4%, Telecommunications Services by 0.5%, Computer Consultancy and Information Services by 0.4%, and both Cargo Handling and Warehousing & Storage by 0.3%.
Conversely, the indices fell for Sea Freight Transport by 7.3%, Freight Forwarding by 2.8%, and Accounting Services by 0.7%.
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