Service sector remains sluggish for 2nd consecutive month

Focus Taiwan
Date: 2015/06/06
By: Huang Chiao-wen and Frances Huang

Taipei, June 6 (CNA) The index for Taiwan’s services activity flashed a “yellow-blue” light in April for the second month in a row, signaling a sluggish climate, according to the Commerce Development Research Institute (CDRI, 商業發展研究院).

The CDRI, a Taiwan economic think tank, said in a report Friday that the service industry (ISI) index stood at 98 points in April, one point higher than in March, but still in the yellow-blue range of 93-99.

The entire service sector was adversely affected in April by falling revenues in the transportation business, the CDRI said.     [FULL  STORY]

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