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Release: Index of Services, October 2012

Released: 21 December 2012 Next edition: 25 January 2013

Contact

Rob Doody

Business Indicators and Balance of Payments

ios.enquiries@ons.gsi.gov.uk

Telephone: +44 (0)1633 455803

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

Frequency of release: Monthly

Language: English

Geographical coverage: UK

Geographical breakdown: UK

  • The seasonally adjusted Index of Services was estimated to have increased by 2.0 per cent in October 2012 compared with October 2011.

  • All four service sector components were estimated to have increased in the most recent month compared with the same month a year ago.

  • Business services & finance was estimated to have increased by 2.8 per cent and government & other services was estimated to have increased by 1.8 per cent. These were the largest contributions to the increase.

  • Between September 2012 and October 2012, service sector output was estimated to have increased by 0.1 per cent.

  • The earliest period open for revision in this release is January 2011.

Index of Services shows the monthly movements in gross value added for the service industries, which overall account for around 77 per cent of UK Gross Domestic Product (GDP).

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