The service sector expanded 1.9 percent in the June quarter, after a 1.7 percent increase in the preceding quarter. This was the strongest increase in services activity in 2-1/2 years, mainly driven by trade, other services and financial intermediation. In addition, industry sector grew by 0.7 percent, shifting from a 0.8 percent decline in the March quarter, supported by manufacturing output, electricity, gas and water supply and mining & quarrying. Also, agriculture, hunting, forestry and fishing increased 0.3 percent, following a 0.6 percent fall in the previous period, with main contributions coming from agricultural activities and services, other crops, and livestock.
Year-on-year, the economy advanced 5.5 percent in the second quarter, the weakest annual growth rate since the March quarter 2015, and after a 5.6 percent expansion in the prior quarter.