• UK services output increased by 0.2% between April and May

Market news

26 July 2017

UK services output increased by 0.2% between April and May

The largest contribution to the month-on-month growth came from business services and finance, which contributed 0.23 percentage points.

In the 3 months to May 2017, services output increased by 0.4% compared with the 3 months ending February 2017, with all four main components increasing.

Services output increased by 2.4% in May 2017 compared with May 2016, following growth of 2.1% in April 2017 compared with April 2016.

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