Air transport down 14% in April: ISP data
Air transport output contracted nearly fourteen percent in April, reflecting high fuel costs. Railways also saw a slight decline in output during the same month. Fourteen of nineteen services sub-sectors registered double-digit growth, showing overall resilience. Food and accommodation recorded the highest growth, followed by retail trade. Administrative and support services, real estate, and telecom also performed strongly.
Air transport output contracted nearly fourteen percent in April, reflecting high fuel costs. Railways also saw a slight decline in output during the same month. Fourteen of nineteen services sub-sectors registered double-digit growth, showing overall resilience. Food and accommodation recorded the highest growth, followed by retail trade. Administrative and support services, real estate, and telecom also performed strongly.
