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Monthly services index up 1.4pc in July

Thursday, September 04 11:08:32

The seasonally adjusted monthly services value index increased by 1.4pc in July 2014 when compared with June 2014 while, in the year to July 2014, there was an increase of 5.3pc.

On a monthly basis, Professional, Scientific and Technical Activities (+4.1pc), Information and Communication (+3.5pc), Administrative and Support Service Activities (+1.7pc) and Accommodation and Food Service Activities (+0.6pc) increased when compared with June 2014. Other Service Activities (-0.9pc) and Wholesale and Retail Trade (-0.3pc) decreased in the month to July 2014, while there was no change in Transportation and Storage, the CSO figures show.

On an annual basis, Information and Communication (+16.4pc), Other Service Activities (+8.7pc), Professional, Scientific and Technical Activities (+5.9pc), Accommodation and Food Service Activities (+2.1pc) Transportation and Storage (+0.3pc) and Wholesale and Retail Trade (+0.1pc) increased when compared with July 2013. Administrative and Support Service Activities (-0.1pc) showed a decrease in the same period.

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