Business NewsUK Statistics

Statistical bulletin: Index of Services, May 2014

Part of Index of Services, May 2014 Release

Released: 25 July 2014 – Download PDF

Contents

Key Points

  • The Index of Services increased by 3.3% in May 2014, compared with May 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 1.7 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 0.3% between April 2014 and May 2014, the second consecutive 0.3% increase.
  • The figures within this release are estimates and are on a seasonally adjusted basis. The earliest period open for revision in this release is April 2014.

 

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

 

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