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In April 2025, the value of services fell by 5.2% when compared with March 2025.
The value of services output was 15.9% higher in April 2025 in comparison with April 2024.
The volume of services was down by 4.8% in April 2025 when compared with March 2025.
Annually, services were 14.5% higher in volume terms in April 2025 when compared with April 2024.
The largest monthly value decrease was recorded in the Wholesale & Retail Trade sector (-8.6%), while Information & Communication (-8.8%) had the largest volume decline.
The new Modified Monthly Services Index, which represents All Services excluding the Information & Communication sector, was down 0.9% in value and 0.7% in volume in April 2025 when compared with March 2025.
Figure 1 shows the seasonally adjusted value and volume indices for the Monthly Service Index, while table 1 highlights both the monthly and annual percentage change in both value and volume. Value indices represent turnover, whereas volume indices represent deflated turnover which strips out the impact of price changes. Volume indices show changes in the amount of business activity in the services sector over time. In general, it should be noted that the results presented in this release can reflect changes in the reporting practices of enterprises and this can lead to short-term volatility in the results.
| Table 1 Seasonally Adjusted1 Indices for All Services | |||
| Base Year (2021=100) | |||
| Value Index | Volume Index | ||
| April 20252 | 159.2 | 141.8 | |
| March 2025 | 167.9 | 148.9 | |
| April 2024 | 137.4 | 123.8 | |
| % change | |||
| Monthly | -5.2% | -4.8% | |
| Annual | 15.9% | 14.5% | |
| 1 Based on Seasonal Patterns up to April 2025. | |||
| 2 Provisional Value Indices based on early returns from respondents. | |||
Figure 2a presents the monthly seasonally adjusted value and volume percentage changes for April 2025 compared with March 2025.
| Business Sectors | Monthly Seasonally Adjusted Value | Monthly Seasonally Adjusted Volume |
|---|---|---|
| Wholesale & Retail Trade; Repair of Motor Vehicles & Motorcycles | -8.6 | -6.8 |
| Transportation & Storage | 7.6 | 5.6 |
| Accommodation & Food Service Activities | -1.4 | -1.8 |
| Information & Communication | -7.8 | -8.8 |
| Professional, Scientific & Technical Activities | 6.7 | 6.8 |
| Administrative & Support Service Activities | -0.4 | 6.6 |
| Other Service Activities | -1.8 | -1.8 |
| All Services | -5.2 | -4.8 |
Figure 2b shows the annual seasonally adjusted value and volume percentage changes for April 2025 compared with April 2024.
| Business Sectors | Annual Seasonally Adjusted Value | Annual Seasonally Adjusted Volume |
|---|---|---|
| Wholesale & Retail Trade; Repair of Motor Vehicles & Motorcycles | -3.2 | -2.6 |
| Transportation & Storage | 18.3 | 12.7 |
| Accommodation & Food Service Activities | -1.7 | -7.6 |
| Information & Communication | 30.4 | 26.6 |
| Professional, Scientific & Technical Activities | -3.8 | -5.4 |
| Administrative & Support Service Activities | -3.4 | 4.9 |
| Other Service Activities | 6.7 | 3.3 |
| All Services | 15.9 | 14.5 |
| Table 2 Seasonally Adjusted1 Indices for Monthly Services for All Sectors - Provisional Results April 20252 | |||||||
| Base Year: 2021=100 | |||||||
| Services Value | Services Volume | ||||||
| Sector | Index | Monthly % change | Annual % change | Index | Monthly % change | Annual % change | |
| Wholesale & Retail Trade; Repair of Motors Vehicles and Motorcycles3 | 109.1 | -8.6 | -3.2 | 96.0 | -6.8 | -2.6 | |
| Transportation & Storage | 202.9 | 7.6 | 18.3 | 160.9 | 5.6 | 12.7 | |
| Accommodation & Food Service Activities | 209.8 | -1.4 | -1.7 | 163.5 | -1.8 | -7.6 | |
| Information & Communication | 187.4 | -7.8 | 30.4 | 169.0 | -8.8 | 26.6 | |
| Professional, Scientific & Technical Activities | 119.8 | 6.7 | -3.8 | 111.2 | 6.8 | -5.4 | |
| Administrative & Support Service Activities4 | 115.6 | -0.4 | -3.4 | 94.1 | 6.6 | 4.9 | |
| Other Service Activities | 180.3 | -1.8 | 6.7 | 150.0 | -1.8 | 3.3 | |
| All Services | 159.2 | -5.2 | 15.9 | 141.8 | -4.8 | 14.5 | |
| 1 Based on Seasonal Patterns up to April 2025. | |||||||
| 2 Provisional Value Indices based on early returns from respondents. | |||||||
| 3 Retail Sales and Motor figures are published in detail in the Retail Sales Index. | |||||||
| 4 NACE 7735 is excluded. | |||||||
The Modified Monthly Services Index has been developed in response to stakeholders who sought additional insights into the services economy. This indicator consists of All Services excluding the Information & Communication sector, which has a significant impact on the overall index due to its scale.
In April 2025, the Modified Monthly Services Index, which represents All Services excluding Information and Communication sector, was down 0.9% in value and 0.7% in volume when compared with March 2025. Annually, the Modified Monthly Services Index decreased by 0.6% in value and 1.3% in volume when compared with April 2024.
| Table 3 Seasonally Adjusted1 Indices for All Services excluding Information & Communication | |||
| Base Year (2021=100) | |||
| Value Index | Volume Index | ||
| April 20252 | 129.9 | 112.2 | |
| March 2025 | 131.1 | 113.0 | |
| April 2024 | 130.7 | 113.7 | |
| % change | |||
| Monthly | -0.9% | -0.7% | |
| Annual | -0.6% | -1.3% | |
| 1 Based on Seasonal Patterns up to April 2025. | |||
| 2 Provisional Value Indices based on early returns from respondents. | |||
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Statistician's Comment
The Central Statistics Office (CSO) has today (10 June 2025) published Monthly Services Index April 2025 (Provisional) and March 2025 (Final).
Commenting on the release, Tommy Allen, Statistician in the Enterprise Statistics Division said: “In April 2025 the services economy showed significant monthly movements across many of its sectors, with a sharp decline in All Services in both value (-5.2%) and volume (-4.8%) terms. These large movements stand in contrast to the previous month’s figures and show a return to a more stable trend following the significant quarter-end increase observed in March. Short-term volatility can be common in monthly indices, with this in mind the CSO recommends that analysts take a longer-term view of the indices.
The largest monthly value decreases were in Wholesale & Retail Trade (-8.6%) and Information & Communication (-7.8%). The sectors showing the largest value increases were Transportation & Storage (+7.6%) and Professional, Scientific & Technical Activities (+6.7%).
In volume terms, the largest monthly declines were observed in Information & Communication (-8.8%) and Wholesale & Retail Trade (-6.8%), while Professional, Scientific & Technical Activities (+6.8%) and Administrative & Support Service Activities (+6.6) recorded the highest monthly growth.
Looking at changes on an annual basis, the value of All Services was 15.9% higher and was up 14.5% in volume terms in April 2025 when compared with April 2024.
Users should note that this release now includes the Modified Monthly Services Index which provides greater insight into Ireland's services economy."