Statistical bulletin: Index of Services, February 2015

• Understanding the Index of Services (IoS)
• Main information
• Economic background
• GDP impact and components
• Component analysis
• Industry spotlight: Food and beverage service activites
• Background notes
• Statistical contacts

Key Points

• The Index of Services is estimated to have increased by 3.2% in February 2015 compared with February 2014. All of the 4 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 and finance, which contributed 1.4 percentage points to total growth; and distribution, hotels and restaurants, which contributed 0.9 percentage points to total growth.
• The latest Index of Services estimates show that output increased by 0.3% between January 2015 and February 2015, following a contraction of 0.2% between December 2014 and January 2015.
• The figures within this release are estimates and are on a seasonally adjusted basis. The earliest period open for revision in this release is January 2015.

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