The Index of Services increased by 3.3% in May 2014 compared with May 2013. All of the four main components of the services industries increased in the most recent month compared with the same month a year ago.
In June 2014, the quantity bought in the retail industry increased by 3.6% compared with June 2013 and by 0.1% compared with May 2014. The quantity bought also increased in Q2 2014 compared with Q2 2013, by 4.5%.
The Non-Financial Service sector made the largest contribution to aGVA in most UK regions in 2012.
Public Sector Net Borrowing (PSNB ex) in June 2014 was £11.4bn. When Asset Purchase Facility transfers are excluded from June 2013, net borrowing was similar.