Transportation, Storage and Communication (TSC) improves
TSC posted a
6.2 percent growth in the second quarter of 2018, higher compared with the 3.3 percent posted in the previous year. Communication, which had a share of 55.5 percent, grew by 6.6 percent during the period.
Other subsectors that contributed to the growth of TSC were: Storage and Services Incidental to Transport, which grew by
11.1 percent; Land Transport, which grew by 4.0 percent; and Air Transport, 6.8 percent growth.
On the other hand, Water Transport declined by
1.9 percent from a 6.0 percent growth in the same period of the previous year.