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CSO statistical release, 04 May 2018, 11am

Monthly Services Index

March 2018 (Provisional) February 2018 (Final)

Monthly Services Index
(Base Year 2015 = 100)
    Value Index        Monthly % changeAnnual % change
March 2018108.9-1.82.5
February 2018110.9-2.41.4
March 2017106.2-2.92.2

Monthly Services decreased by 1.8% in March 2018

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The seasonally adjusted monthly services value index decreased by 1.8% in March 2018 when compared with February 2018 while in the year to March 2018, there was an increase of 2.5%.

On a monthly basis, Professional, Scientific and Technical Activities (+18.3%) and Administrative and Support Service Activities (+2.4%) recorded increases. Decreases were recorded in Information and Communication (-8.4%), Wholesale and Retail trade (-4.4%), Other Services Activities (-3.4%), Transportation and Storage Activities (-2.9%) and Accommodation and Food Services (-1.2%).

On an annual basis, the sectors showing increases since March 2017 were Professional, Scientific and Technical Activities (+14.3%), Information and Communication (+2.7%), Wholesale and Retail Trade (+1.5%) and Accommodation and Food Service Activities (+0.7%). Other Service Activities (-12.0%), Administrative and Support Service Activities (-1.2%) and Transportation and Storage (-0.8%) showed decreases in the year to end March 2018.