The Index of Services increased by 2.1% in October 2013 compared with October 2012. September 2013 saw similar growth compared with September 2012. In order of their contribution to growth: business services & finance increased by 2.5%; distribution, hotels & restaurants increased by 3.8%; government & other services increased by 1.3% and transport, storage & communication increased by 0.4%.
The latest Index of Services estimates show that output increased by 0.1% between September 2013 and October 2013, following an increase of 0.2% between August 2013 and September 2013. The largest upward contribution to growth came from business services & finance which increased by 0.3%. Government & other services increased by 0.4%. In contrast, distribution, hotels & restaurants decreased by 0.6%, and transport, storage & communication industries decreased by 0.1%.
Source: Office for National Statistics
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