Service Sector

The real growth rate of the service sector has been revised upwardly by half a percentage point against our previous prediction to 5.4 percent year-on-year in 2012, on the back of higher growth expected in the local trade and transport subsectors. The growth outlook of this sector in 2013 is quite similar to 2012. According to our preliminary forecast, the service sector is set to grow at a real rate of 5.6 percent year-on-year in 2013. ...

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