• UK services output increased by 0.4% compared with the three months ending May

Market news

25 October 2017

UK services output increased by 0.4% compared with the three months ending May

In the three months to August 2017, services output increased by 0.4% compared with the three months ending May 2017.

Computer programming and retail trade made the largest contributions to the three-month on three-month growth; contributing 0.10 and 0.08 respectively.

The Index of Services increased by 0.2% between July and August 2017.

The largest contribution to the month-on-month increase came from the business services and finance sector, which contributed 0.12 percentage points.

Retail trade and motion pictures made the largest contributions at industry level to the month-on-month increase, with both contributing 0.06 percentage points.

In the three months to August 2017, services output increased by 1.7% compared with the three months ending August 2016.

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