Business NewsUK Statistics

Index of production

Released: 26 November 2014 – Download PDF


Key Points

  • The Index of Services is estimated to have increased by 3.4% in September 2014 compared with September 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.
  • The largest contributions came from: business services & finance, which contributed 1.8 percentage points to total growth; and distribution, hotels & restaurants, which contributed 0.8 percentage points to total growth.
  • The latest Index of Services estimates show that output increased by 0.5% between August 2014 and September 2014.
  • The Index of Services increased by 0.8% in Q3 2014 compared with Q2 2014. This figure was revised up by 0.1 percentage points from the estimate of 0.7% used in the Preliminary Estimate of Gross Domestic Product (GDP) published on 24 October 2014. The largest contributions came from distribution, hotels & restaurants and business services & finance, although the revision had minimal impact on GDP.
  • The figures within this release are estimates and are on a seasonally adjusted basis. The earliest period open for revision in this release is July 2014.

Source: Office for National Statistics licensed under the Open Government Licence v.1.0.

Show More

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.