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Release: Index of Services, August 2011

Released: 01 November 2011 Next edition: 24 November 2011

Contact

Harry Duff

Economic, Labour and Social Analysis

harry.duff@ons.gsi.gov.uk

Telephone: +44 (0)1633 456771

Categories: Economy, National Accounts, National Income, Expenditure and Output

Frequency of release: Monthly

Language: English

Geographical coverage: UK

Geographical breakdown: UK

Correction

2 November 2011

An error was discovered in the July and August monthly IoS estimates; the previous months are not affected. The error affected the indices for: (a) arts, entertainment and recreation, (b) Government and other services, and (c) total IoS. It also affected the corresponding growth rates. The error has now been corrected.

This does not affect any of the quarter three estimates in the GDP preliminary estimates, released on 1 November 2011.

ONS apologises for any inconvenience caused. For any media queries regarding this error please contact Luke Croydon on 0845 604 1858; for statistical queries please contact Harry Duff on +44 (0)1633 456771.

The Index of Services shows the monthly movements in the gross value added of the service industries (section G to T). This sector accounts for around 76 per cent of gross domestic product (GDP) in 2008. The index is estimated using the same data sources and national accounts methodology as the quarterly estimate of service industries’ gross value added within the output measure of GDP (GDP(O)). These consist of the distribution, hotels and restaurant industries (section G and I), transport storage and communication (section H and J), business services and finance (sections K to N) and government and other services (sections O to T).

These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.