Rob Doody
Business Indicators and Balance of Payments
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 1.1 per cent in September 2012 compared with September 2011.
Three of the four service sector components were estimated to have increased in the most recent month compared with the same month a year ago.
Government & other services was estimated to have increased by 2.0 per cent and distribution, hotels & restaurants was estimated to have increased by 2.3 per cent. These were the largest contributions to the increase.
Between August 2012 and September 2012, service sector output was estimated to have decreased by 0.5 per cent.
The earliest period open for revision in this release is July 2012.
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).