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Services index posts modest June rise

Wednesday, August 06 11:04:59

The seasonally adjusted monthly services value index increased by 0.5pc in June 2014 when compared with May 2014 while, in the year to June 2014, there was an increase of 1.1pc, latest CSO figures show.

On a monthly basis, Other Service Activities (+3.7pc), Information and Communication (+3.2pc), Administrative and Support Service Activities (+0.7pc) and Transportation and Storage (+0.5pc) increased when compared with June 2014. Accommodation and Food Service Activities (-5.2pc), Professional, Scientific and Technical Activities (-1.5pc) and Wholesale and Retail Trade (-0.7pc) decreased in the month to June 2014.

On an annual basis, Information and Communication (+5.6pc), Other Service Activities (+5.2pc), Transportation and Storage (+1.6pc) and Wholesale and Retail Trade (+2.1pc) increased when compared with June 2013. Professional, Scientific and Technical Activities (-8.7pc), Administrative and Support Service Activities (-4.5pc) and Accommodation and Food Service Activities (-2.4pc) showed decreases in the same period.