Business receipts of almost all major service industries showed decreases in the first quarter, according to the provisional business receipts indices from the Census & Statistics Department.
The financing industry - except banking - recorded the largest decline, 46.9%, mainly due to the marked decline in stockmarket turnover.
Other significant decreases were recorded in the wholesale (-25.7%), import & export trade (-23.1%), transportation (-22.8%) and courier (-20.1%) industries.
Food services, on the other hand, recorded a 1.5% year-on-year increase.
Analysed by service domain, business receipts of the computer & information technology services domain recorded a 27% year-on-year decrease. The decline was mainly due to the fall in export of computer and related products.
A smaller decline, 5.5%, in business receipts was observed in the tourism, convention and exhibition services domain.
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