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Monthly Services Index August 2026 (Provisional) and July 2026 (Final)

Both value and volume of All Services down 2.5% in August 2026

Online ISSN: 2009-5074
CSO statistical release, , 11am

Key Findings

  • In August 2026, the value of All Services fell by 2.5% when compared with July 2026.

  • The value of All Services output was 13.2% higher in August 2026 when compared with August 2025.

  • The volume of All Services was down by 2.5% in August 2026 when compared with July 2026.

  • All Services were 12.2% higher in volume terms in August 2026 when compared with August 2025.

  • The largest monthly decreases in August 2026 were recorded in the Transportation & Storage sector with a decrease of 5.3% in value and 8.1% in volume.

  • The largest monthly increases in August 2026 were recorded in the Professional, Scientific & Technical Activities sector with an increase of 3.4% in value and 2.1% in volume.

  • The Modified Monthly Services Index, which represents All Services excluding the Information & Communication sector, was down by 0.6% in value and by 1.3% in volume in August 2026 when compared with July 2026.

Statistician's Comment

The Central Statistics Office (CSO) has today (09 October 2026) published Monthly Services Index August 2026 (Provisional) and July 2026 (Final).

Commenting on the release, Tommy Allen, Statistician in the Enterprise Statistics Division said: “In August 2026, the overall index of All Services showed monthly decreases in both value (-2.5%) and volume (-2.5%).

The largest monthly value decreases were recorded in Transportation & Storage (-5.3%) and Information & Communication (-3.5%). Monthly value increases were recorded in Professional, Scientific & Technical Activities (+3.4%) and Administrative & Support Services Activities (+1.3%). In volume terms, the largest monthly decline was observed in the Transportation & Storage sector (-8.1%) while Professional, Scientific & Technical Activities (+2.1%) and Accommodation & Food Service Activities (+0.7%) recorded monthly increases. The Modified Monthly Services Index, which represents All Services excluding Information & Communication, was down by 0.6% in value and by 1.3% in volume when compared with July 2026.

Looking at changes on an annual basis, the All Services index was 13.2% higher in value terms and rose by 12.2% in volume in August 2026 when compared with August 2025. This increase was largely driven by the strong annual performance observed in the Information & Communication sector, up by 20.1% in value and by 20.7% in volume. The Modified Monthly Services Index, which shows All Services excluding Information & Communication, rose by 2.3% in value and fell by 0.2% in volume when compared with August 2025."

Editor's Note

Notice of Upcoming Revisions

Please note that recent adjustments to the Services Producer Prices Index (SPPI) will be integrated into the Monthly Services Index (MSI) in the coming months. Any updates to the MSI will be communicated in advance of implementation. Please see the Services Producer Price Index Revisions 2026 for more information.

Seasonally Adjusted Value and Volume Index for Monthly Services

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.

Figure 1: Seasonally Adjusted Value and Volume Indices for All Services, August 2024 – August 2026
Table 1 Seasonally Adjusted1 Indices for All Services
 Base Year 2021=100
  Value Index Volume Index
August 20262188.1 170.2
July 2026192.9 174.6
August 2025166.2 151.7
% change   
Monthly-2.5%-2.5%
Annual 13.2% 12.2%
1 Based on Seasonal Patterns up to August 2026.
2 Provisional Value Indices based on early returns from respondents.

Monthly and Annual Seasonally Adjusted Value and Volume Percentage Changes

Figure 2a presents the monthly seasonally adjusted value and volume percentage changes for August 2026 compared with July 2026.

Business SectorsMonthly Seasonally Adjusted ValueMonthly Seasonally Adjusted Volume
Wholesale & Retail Trade; Repair of Motor Vehicles
& Motorcycles
-3.3-1.9
Transportation & Storage-5.3-8.1
Accommodation & Food Service Activities00.7
Information & Communication-3.5-4.3
Professional, Scientific & Technical Activities3.42.1
Administrative & Support Service Activities1.3-0.6
Other Service Activities-1.1-1
All Services-2.5-2.5

Figure 2b shows the annual seasonally adjusted value and volume percentage changes for August 2026 compared with August 2025.

Business SectorsAnnual Seasonally Adjusted ValueAnnual Seasonally Adjusted Volume
Wholesale & Retail Trade; Repair of Motor Vehicles
& Motorcycles
-0.2-2.5
Transportation & Storage9.26.8
Accommodation & Food Service Activities5.94.3
Information & Communication20.120.7
Professional, Scientific & Technical Activities9.24.4
Administrative & Support Service Activities-8.9-10.6
Other Service Activities-5.7-9.2
All Services13.212.2
Table 2 Seasonally Adjusted1 Indices for Monthly Services for All Sectors - Provisional Results August 20262
Base Year 2021=100
 Services Value Services Volume
SectorIndexMonthly % changeAnnual % change IndexMonthly % changeAnnual % change
Wholesale & Retail Trade; Repair of Motors Vehicles and Motorcycles3108.8-3.3-0.2 92.6-1.9-2.5
Transportation & Storage214.2-5.39.2 173.4-8.16.8
Accommodation & Food Service Activities212.90.05.9 163.20.74.3
Information & Communication238.9-3.520.1 231.8-4.320.7
Professional, Scientific & Technical Activities130.23.49.2 104.02.14.4
Administrative & Support Service Activities4125.01.3-8.9 78.5-0.6-10.6
Other Service Activities185.9-1.1-5.7 145.7-1.0-9.2
All Services188.1-2.513.2 170.2-2.512.2
1 Based on Seasonal Patterns up to August 2026.
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.

Modified Monthly Services Index

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 of All Services due to its scale.

In August 2026, the Modified Monthly Services Index, which represents All Services excluding Information and Communication sector, was down by 0.6% in value and fell by 1.3% in volume when compared with July 2026. Annually, the Modified Monthly Services Index increased by 2.3% in value and was down by 0.2% in volume when compared with August 2025.

Figure 3: Seasonally Adjusted Value and Volume Indices for All Services excluding Information & Communication, August 2024 - August 2026
Table 3 Seasonally Adjusted1 Indices for All Services excluding Information & Communication
Base Year 2021=100
  Value Index Volume Index
August 20262135.3 107.2
July 2026136.2 108.6
August 2025132.3 107.4
% change   
Monthly-0.6% -1.3%
Annual 2.3% -0.2%
1 Based on Seasonal Patterns up to August 2026.
2 Provisional Value Indices based on early returns from respondents.

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