Index of Services, January 2015

31 Mar 2015 02:43 PM

Main points

• The Index of Services is estimated to have increased by 3.2% in January 2015 compared with January 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 1.5 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 decreased by 0.2% between December 2014 and January 2015.
• The Index of Services increased by 0.9% in Quarter 4 (October to December) 2014 compared with Quarter 3 (July to September) 2014. This figure was revised up by 0.1 percentage points from the estimate of 0.8% included in the Second Estimate of GDP published on 26 February 2015 and is consistent with the Quarterly National Accounts published on 31 March 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 2014.

Get all the tables for this publication in the data section of this publication.