This release has been compiled during the COVID-19 crisis. The results contained in this release reflect some of the economic impacts of the COVID-19 situation. For further information see Information Note on Implications of COVID-19 on the Monthly Services Index March 2022
| Monthly Services Index (Base Year 2015 = 100) | |||
| Value Index | Volume Index | ||
| March 2020 | 120.1 | 114.7 | |
| March 2021 | 118.7 | 114.7 | |
| February 2022 | 148.1 | 132.8 | |
| March 2022 | 154.5 | 139.6 | |
| % change | |||
| Monthly | 4.4% | 5.1% | |
| Annual | 30.2% | 21.7% | |
| March 2020 - March 2022 | 28.6% | 21.7% | |
The value of services output in March 2022 increased by 4.4% when compared with February 2022 on a seasonally adjusted basis. On an annual basis, the value of services was 30.2% higher in March 2022 compared with March 2021 when Ireland was in Level 5 lockdown. In March, most sectors showed an increase in activity compared to the previous month. The largest monthly increases were recorded in Other Service Activities (+8.1%), Information and Communication (+7.6%), Professional, Scientific and Technical Activities (+3.2%) and Administrative and Support Service Activities (+3.0%). Decreases were recorded in Transportation and Storage (-4.3%) and Accommodation and Food Service Activities (-2.8%).
On an annual basis, all sectors showed an increase in activity. A number of sectors showed large annual increases in the value of services, compared with March 2021 when Ireland was in Level 5 lockdown. The largest annual increases were in Accommodation and Food Service Activities (+185%), Other Service Activities (+95%), Information and Communication (+34.1%) and Professional and Scientific and Technical Activities (+31.9%). Other sectors which also showed an increase when compared to the same period of the previous year were Transportation and Storage (+19.6%), Administrative and Support Service Activities (+17.1%) and Wholesale and Retail Trade (+9.6%).
The value of services in March 2022 was 28.6% higher than March 2020 (two years earlier, the beginning of COVID-19). The majority of sectors have shown an increase since March 2020, including Information and Communication (+45.8%), Accommodation and Food Service Activities (+40.4%), Other Service Activities (+35.4%), Professional Scientific and Technical Activities (+15.9%), Transportation and Storage (+13.0%) and Wholesale and Retail Trade (+11.3%). The only sector to record a decrease in activity was Administrative and Support Service Activities (-6.7%).
The volume of services output in March 2022 increased by 5.1% when compared with February 2022 on a seasonally adjusted basis. The sectors with the highest monthly volume increases were Other Service Activities (+8.9%), Professional Scientific and Technical Activities (+3.7%), Administrative and Support Service Activities (+2.3%) and Information and Communication (+1.8%). Transportation and Storage (-4.3%) and Accommodation and Food Service Activities (-3.9%) were the only sectors to show a decrease in the volume of activity in the month.
On an annual basis, services were 21.7% higher in volume terms in March 2022 compared with March 2021. All sectors showed an increase in volume. The largest annual increases were in Accommodation and Food Service Activities (+170%), Other Service Activities (+85.5%), Professional Scientific and Technical Activities (+30.1%) and Information and Communication (+23.9%).
The volume of services in March 2022 was 21.7% higher than March 2020 (two years earlier and the beginning of COVID-19) with a number of sectors showing an increase from March 2020 levels. These included Information and Communication (+38.9%), Accommodation and Food Service Activities (+30.3%), Other Service Activities (+28.1%), Professional, Scientific and Technical Activities (+14.8%), Wholesale and Retail Trade (+5.7%) and Transportation and Storage (+2.8%). Administrative and Support Service Activities (-10.6%) is the only sector showing a decrease in activity since March 2020.
| Business Sectors | Month on Month | Year on Year |
|---|---|---|
| Professional, Scientific and Technical Activities | 0.30498 | 2.9685 |
| Administrative and Support Service Activities | 0.10904 | 0.6759 |
| Accommodation and Food Service Activities | -0.10772 | 3.0635 |
| Information and Communication | 3.83035 | 17.18 |
| Other Service Activities | 0.29364 | 2.3871 |
| Transportation and Storage | -0.34454 | 1.5591 |
| Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles | 0.27138 | 2.3308 |
| Table 1 Seasonally adjusted indices for the non-financial traded services sector1 | ||||||||
| Base Year: 2015=100 | ||||||||
| Total Non-Financial Traded Services | ||||||||
| NACE 45-63, 68-96 | ||||||||
| Period | Services Value | Services Volume | ||||||
| Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | |||
| 2015 | 100.0 | 100.0 | ||||||
| 2016 | 104.5 | 4.4 | 104.2 | 4.2 | ||||
| 2017 | 108.5 | 3.9 | 106.5 | 2.2 | ||||
| 2018 | 117.2 | 8.0 | 112.6 | 5.7 | ||||
| 2019 | 125.2 | 6.9 | 118.4 | 5.2 | ||||
| 2020 | 115.6 | -7.7 | 106.7 | -9.9 | ||||
| 2021 | 129.0 | 11.6 | 118.3 | 10.9 | ||||
| 2020 | 1st quarter | 124.5 | -0.7 | 0.9 | 116.0 | -0.9 | -1.9 | |
| 2nd quarter | 103.2 | -17.1 | -17.6 | 96.2 | -17.1 | -19.5 | ||
| 3rd quarter | 116.6 | 12.9 | -8.1 | 106.0 | 10.2 | -10.8 | ||
| 4th quarter | 118.0 | 1.2 | -5.9 | 108.7 | 2.5 | -7.2 | ||
| 2021 | 1st quarter | 118.9 | 0.8 | -4.5 | 112.6 | 3.6 | -2.9 | |
| 2nd quarter | 123.4 | 3.8 | 19.6 | 114.4 | 1.6 | 18.9 | ||
| 3rd quarter | 133.8 | 8.4 | 14.8 | 120.3 | 5.2 | 13.5 | ||
| 4th quarter | 139.9 | 4.6 | 18.6 | 125.9 | 4.7 | 15.8 | ||
| 2022 | 1st quarter2 | 147.5 | 5.4 | 24.1 | 133.1 | 5.7 | 18.2 | |
| 2020 | March | 120.1 | -5.5 | -1.0 | 114.7 | -1.1 | -3.0 | |
| April | 97.6 | -18.7 | -22.1 | 88.9 | -22.5 | -26.3 | ||
| May | 101.7 | 4.1 | -18.8 | 96.3 | 8.3 | -18.9 | ||
| June | 110.3 | 8.5 | -11.9 | 103.5 | 7.5 | -13.2 | ||
| July | 113.6 | 3.0 | -10.9 | 103.1 | -0.4 | -12.6 | ||
| August | 115.6 | 1.7 | -8.6 | 106.1 | 2.9 | -11.3 | ||
| September | 120.5 | 4.3 | -4.7 | 108.7 | 2.5 | -8.7 | ||
| October | 116.8 | -3.1 | -7.2 | 108.6 | -0.1 | -6.9 | ||
| November | 114.3 | -2.1 | -9.4 | 105.0 | -3.3 | -11.4 | ||
| December | 122.8 | 7.4 | -0.9 | 112.5 | 7.1 | -3.1 | ||
| 2021 | January | 118.2 | -3.7 | -6.4 | 111.7 | -0.7 | -4.7 | |
| February | 119.6 | 1.2 | -5.9 | 111.4 | -0.3 | -4.0 | ||
| March | 118.7 | -0.8 | -1.2 | 114.7 | 3.0 | 0.0 | ||
| April | 119.7 | 0.8 | 22.5 | 109.8 | -4.3 | 23.5 | ||
| May | 122.1 | 2.1 | 20.1 | 115.6 | 5.3 | 20.0 | ||
| June | 128.4 | 5.1 | 16.4 | 117.7 | 1.8 | 13.7 | ||
| July | 130.6 | 1.7 | 15.0 | 118.5 | 0.7 | 14.9 | ||
| August | 133.0 | 1.8 | 15.1 | 120.0 | 1.3 | 13.1 | ||
| September | 137.9 | 3.6 | 14.4 | 122.4 | 2.0 | 12.6 | ||
| October | 138.3 | 0.3 | 18.4 | 124.8 | 2.0 | 14.9 | ||
| November | 141.0 | 1.9 | 23.3 | 124.9 | 0.1 | 19.0 | ||
| December | 140.5 | -0.3 | 14.4 | 128.1 | 2.6 | 13.9 | ||
| 2022 | January | 139.9 | -0.5 | 18.3 | 126.8 | -1.0 | 13.5 | |
| February | 148.1 | 5.9 | 23.8 | 132.8 | 4.7 | 19.2 | ||
| March2 | 154.5 | 4.4 | 30.2 | 139.6 | 5.1 | 21.7 | ||
| 1 Based on Seasonal Patterns up to March 2022 | ||||||||
| 2 Provisional Value Indices based on early returns from respondents | ||||||||
| Table 2 Seasonally adjusted indices by sector1 | ||||||||
| Base Year: 2015=100 | ||||||||
| Wholesale and Retail Trade: Repair of Motors Vehicles and Motorcycles2 | ||||||||
| NACE 45-47 | ||||||||
| Period | Services Value | Services Volume | ||||||
| Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | |||
| 2020 | 1st quarter | 106.1 | 0.3 | -2.0 | 111.3 | 1.0 | -1.3 | |
| 2nd quarter | 86.5 | -18.5 | -18.0 | 93.2 | -16.3 | -16.1 | ||
| 3rd quarter | 105.2 | 21.6 | -0.7 | 111.8 | 20.0 | 0.4 | ||
| 4th quarter | 103.8 | -1.4 | -2.0 | 110.9 | -0.8 | 0.6 | ||
| 2021 | 1st quarter | 104.5 | 0.8 | -1.5 | 111.0 | 0.1 | -0.3 | |
| 2nd quarter | 110.2 | 5.4 | 27.4 | 116.9 | 5.3 | 25.4 | ||
| 3rd quarter | 112.0 | 1.6 | 6.4 | 116.5 | -0.3 | 4.2 | ||
| 4th quarter | 113.2 | 1.1 | 9.1 | 115.7 | -0.7 | 4.3 | ||
| 2022 | 1st quarter3 | 116.4 | 2.8 | 11.3 | 117.1 | 1.2 | 5.5 | |
| 2020 | March | 106.0 | 0.2 | -0.4 | 111.5 | 0.2 | 0.9 | |
| April | 78.1 | -26.3 | -26.2 | 83.1 | -25.5 | -25.5 | ||
| May | 84.5 | 8.3 | -19.8 | 90.6 | 9.0 | -17.8 | ||
| June | 97.1 | 14.8 | -8.1 | 105.8 | 16.8 | -5.1 | ||
| July | 105.0 | 8.2 | -0.7 | 110.6 | 4.5 | -0.5 | ||
| August | 104.0 | -1.0 | -1.8 | 111.1 | 0.5 | -0.5 | ||
| September | 106.7 | 2.6 | 0.4 | 113.7 | 2.3 | 2.3 | ||
| October | 105.4 | -1.2 | -0.3 | 113.6 | -0.1 | 2.7 | ||
| November | 100.3 | -4.8 | -4.9 | 105.3 | -7.3 | -3.6 | ||
| December | 105.5 | 5.2 | -0.7 | 113.9 | 8.2 | 2.9 | ||
| 2021 | January | 99.4 | -5.8 | -6.9 | 104.6 | -8.2 | -5.9 | |
| February | 106.6 | 7.3 | 0.8 | 113.2 | 8.2 | 1.7 | ||
| March | 107.6 | 0.9 | 1.6 | 115.1 | 1.7 | 3.2 | ||
| April | 108.3 | 0.6 | 38.7 | 114.2 | -0.8 | 37.4 | ||
| May | 110.7 | 2.2 | 31.0 | 117.8 | 3.2 | 30.0 | ||
| June | 111.7 | 0.9 | 15.1 | 118.7 | 0.8 | 12.2 | ||
| July | 109.7 | -1.8 | 4.5 | 114.6 | -3.5 | 3.6 | ||
| August | 113.6 | 3.6 | 9.3 | 117.8 | 2.8 | 6.0 | ||
| September | 112.6 | -0.9 | 5.6 | 117.0 | -0.7 | 2.9 | ||
| October | 112.7 | 0.1 | 6.9 | 115.6 | -1.2 | 1.8 | ||
| November | 114.7 | 1.7 | 14.3 | 116.7 | 1.0 | 10.8 | ||
| December | 112.1 | -2.2 | 6.3 | 114.7 | -1.7 | 0.7 | ||
| 2022 | January | 114.6 | 2.2 | 15.3 | 116.1 | 1.2 | 11.0 | |
| February | 116.5 | 1.6 | 9.2 | 117.3 | 1.0 | 3.6 | ||
| March3 | 118.0 | 1.3 | 9.6 | 117.8 | 0.4 | 2.3 | ||
| 1 Based on Seasonal Patterns up to March 2022 | ||||||||
| 2 Retail Sales and Motor figures are published in detail in the Retail Sales Index | ||||||||
| 3 Provisional Value Indices based on early returns from respondents | ||||||||
| Table 2(a) Seasonally adjusted indices by sector1 | ||||||||
| Base Year: 2015=100 | ||||||||
| Wholesale Trade3 | ||||||||
| NACE46 | ||||||||
| Period | Services Value | Services Volume | ||||||
| Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | |||
| 2020 | 1st quarter | 104.1 | 0.7 | -2.4 | 106.1 | 0.9 | -2.5 | |
| 2nd quarter | 83.8 | -19.5 | -19.3 | 85.2 | -19.7 | -18.9 | ||
| 3rd quarter | 97.1 | 15.8 | -8.9 | 97.7 | 14.7 | -8.6 | ||
| 4th quarter | 98.2 | 1.2 | -5.0 | 100.1 | 2.5 | -4.8 | ||
| 2021 | 1st quarter | 102.8 | 4.6 | -1.3 | 104.9 | 4.8 | -1.1 | |
| 2nd quarter | 104.7 | 1.9 | 25.0 | 105.7 | 0.8 | 24.1 | ||
| 3rd quarter | 105.8 | 1.0 | 9.0 | 104.8 | -0.9 | 7.3 | ||
| 4th quarter | 108.3 | 2.4 | 10.3 | 107.2 | 2.3 | 7.1 | ||
| 2022 | 1st quarter2 | 112.8 | 4.2 | 9.8 | 110.5 | 3.1 | 5.3 | |
| 2020 | March | 106.0 | 1.6 | 4.0 | 107.4 | 1.2 | 4.6 | |
| April | 81.9 | -22.7 | -20.5 | 83.5 | -22.3 | -20.3 | ||
| May | 81.0 | -1.1 | -21.9 | 82.4 | -1.3 | -21.4 | ||
| June | 88.5 | 9.3 | -15.4 | 89.8 | 9.0 | -15.0 | ||
| July | 96.3 | 8.8 | -9.9 | 96.9 | 7.9 | -9.4 | ||
| August | 95.9 | -0.4 | -10.4 | 96.4 | -0.5 | -10.6 | ||
| September | 98.9 | 3.1 | -6.4 | 99.8 | 3.5 | -5.8 | ||
| October | 98.7 | -0.2 | -5.2 | 99.9 | 0.1 | -5.2 | ||
| November | 98.3 | -0.4 | -5.2 | 100.0 | 0.1 | -4.9 | ||
| December | 97.7 | -0.7 | -4.6 | 100.5 | 0.5 | -4.3 | ||
| 2021 | January | 100.3 | 2.7 | -1.8 | 102.3 | 1.8 | -2.5 | |
| February | 102.3 | 2.0 | -1.9 | 104.4 | 2.1 | -1.6 | ||
| March | 105.8 | 3.5 | -0.1 | 108.0 | 3.4 | 0.6 | ||
| April | 102.8 | -2.8 | 25.5 | 104.3 | -3.4 | 24.9 | ||
| May | 106.0 | 3.1 | 30.8 | 107.6 | 3.2 | 30.6 | ||
| June | 105.4 | -0.5 | 19.1 | 105.3 | -2.1 | 17.3 | ||
| July | 103.2 | -2.1 | 7.1 | 102.3 | -2.8 | 5.6 | ||
| August | 107.1 | 3.8 | 11.7 | 106.1 | 3.7 | 10.1 | ||
| September | 107.0 | -0.2 | 8.1 | 106.0 | -0.1 | 6.2 | ||
| October | 107.1 | 0.1 | 8.5 | 105.6 | -0.4 | 5.7 | ||
| November | 109.2 | 2.0 | 11.1 | 108.1 | 2.4 | 8.1 | ||
| December | 108.7 | -0.5 | 11.3 | 108.0 | -0.1 | 7.5 | ||
| 2022 | January | 113.0 | 4.0 | 12.7 | 111.0 | 2.8 | 8.5 | |
| February | 111.5 | -1.3 | 9.0 | 109.6 | -1.3 | 5.0 | ||
| March2 | 113.9 | 2.2 | 7.7 | 111.0 | 1.3 | 2.8 | ||
| 1 Based on Seasonal Patterns up to March 2022 | ||||||||
| 2 Provisional Value Indices based on early returns from respondents | ||||||||
| 3 Wholesale Trade is a sub-component of Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles | ||||||||
| Table 3 Seasonally adjusted indices by sector1 | ||||||||
| Base Year: 2015=100 | ||||||||
| Accommodation and Food Service Activities | ||||||||
| NACE 55-56 | ||||||||
| Period | Services Value | Services Volume | ||||||
| Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | |||
| 2020 | 1st quarter | 101.6 | -14.6 | -15.8 | 91.4 | -14.2 | -16.1 | |
| 2nd quarter | 31.9 | -68.6 | -74.3 | 29.2 | -68.1 | -73.9 | ||
| 3rd quarter | 71.3 | 123.8 | -43.0 | 64.5 | 120.9 | -42.7 | ||
| 4th quarter | 44.9 | -37.1 | -62.3 | 39.5 | -38.8 | -62.9 | ||
| 2021 | 1st quarter | 32.3 | -28.0 | -68.2 | 28.4 | -28.1 | -68.9 | |
| 2nd quarter | 41.4 | 28.0 | 29.9 | 36.3 | 27.8 | 24.3 | ||
| 3rd quarter | 81.3 | 96.5 | 14.0 | 70.0 | 92.8 | 8.5 | ||
| 4th quarter | 85.5 | 5.2 | 90.6 | 73.2 | 4.6 | 85.3 | ||
| 2022 | 1st quarter2 | 89.8 | 5.0 | 178.0 | 77.1 | 5.3 | 171.5 | |
| 2020 | March | 67.3 | -43.2 | -44.8 | 60.3 | -43.2 | -44.8 | |
| April | 28.7 | -57.4 | -76.8 | 25.1 | -58.4 | -77.4 | ||
| May | 29.2 | 1.9 | -76.4 | 27.2 | 8.4 | -75.6 | ||
| June | 37.7 | 29.3 | -69.7 | 35.4 | 30.1 | -68.6 | ||
| July | 63.2 | 67.4 | -49.4 | 56.7 | 60.2 | -49.7 | ||
| August | 75.5 | 19.4 | -39.5 | 69.1 | 21.9 | -38.2 | ||
| September | 75.3 | -0.2 | -40.1 | 67.8 | -1.9 | -40.0 | ||
| October | 44.6 | -40.8 | -62.3 | 40.6 | -40.1 | -61.7 | ||
| November | 31.1 | -30.2 | -73.9 | 27.4 | -32.5 | -74.4 | ||
| December | 58.9 | 89.2 | -50.7 | 50.5 | 84.3 | -52.7 | ||
| 2021 | January | 31.3 | -46.8 | -73.6 | 28.2 | -44.2 | -73.8 | |
| February | 32.5 | 3.7 | -72.6 | 27.9 | -1.1 | -73.7 | ||
| March | 33.1 | 2.0 | -50.8 | 29.1 | 4.3 | -51.7 | ||
| April | 34.6 | 4.3 | 20.6 | 28.8 | -1.0 | 14.7 | ||
| May | 31.2 | -9.6 | 7.0 | 28.3 | -1.7 | 4.0 | ||
| June | 58.3 | 86.8 | 54.6 | 51.9 | 83.4 | 46.6 | ||
| July | 71.1 | 21.9 | 12.6 | 61.2 | 17.9 | 7.9 | ||
| August | 85.3 | 20.0 | 13.1 | 73.8 | 20.6 | 6.8 | ||
| September | 87.5 | 2.5 | 16.2 | 75.1 | 1.8 | 10.8 | ||
| October | 90.6 | 3.5 | 103.1 | 79.3 | 5.6 | 95.3 | ||
| November | 90.3 | -0.3 | 190.3 | 77.3 | -2.5 | 182.1 | ||
| December | 75.7 | -16.2 | 28.5 | 63.0 | -18.5 | 24.8 | ||
| 2022 | January | 77.9 | 2.9 | 148.5 | 71.0 | 12.7 | 151.8 | |
| February | 97.2 | 24.8 | 199.2 | 81.8 | 15.2 | 193.2 | ||
| March2 | 94.5 | -2.8 | 185.1 | 78.6 | -3.9 | 170.1 | ||
| 1 Based on Seasonal Patterns up to March 2022 | ||||||||
| 2 Provisional Value Indices based on early returns from respondents | ||||||||
| Table 3 (a) Seasonally adjusted indices by sector1 | ||||||||
| Base Year: 2015=100 | ||||||||
| Accommodation | ||||||||
| NACE 55 | ||||||||
| Period | Service Value | Service Volume | ||||||
| Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | |||
| 2020 | 1st quarter | 101.6 | -19.8 | -22.6 | 91.4 | -19.5 | -23.9 | |
| 2nd quarter | 4.3 | -95.7 | -96.7 | 3.8 | -95.8 | -96.8 | ||
| 3rd quarter | 37.1 | 754.8 | -72.2 | 33.2 | 773.7 | -72.0 | ||
| 4th quarter | 21.0 | -43.4 | -83.4 | 18.9 | -43.1 | -83.4 | ||
| 2021 | 1st quarter | 7.6 | -64.0 | -92.6 | 6.6 | -65.1 | -92.8 | |
| 2nd quarter | 21.8 | 187.8 | 400.7 | 18.7 | 183.3 | 392.1 | ||
| 3rd quarter | 61.6 | 183.2 | 65.9 | 52.4 | 180.2 | 57.8 | ||
| 4th quarter | 59.0 | -4.2 | 181.0 | 50.6 | -3.4 | 167.7 | ||
| 2022 | 1st quarter2 | 71.1 | 20.5 | 841.4 | 59.2 | 17.0 | 797.0 | |
| 2020 | March | 52.8 | -58.2 | -59.4 | 46.5 | -59.1 | -60.9 | |
| April | 4.0 | -92.5 | -96.9 | 3.6 | -92.3 | -96.9 | ||
| May | 3.8 | -3.4 | -97.1 | 3.4 | -5.6 | -97.2 | ||
| June | 5.3 | 37.4 | -96.1 | 4.5 | 32.4 | -96.2 | ||
| July | 28.1 | 435.6 | -79.8 | 25.2 | 460.0 | -79.3 | ||
| August | 43.1 | 53.1 | -66.9 | 38.0 | 50.8 | -67.6 | ||
| September | 40.2 | -6.6 | -69.5 | 36.4 | -4.2 | -68.6 | ||
| October | 17.9 | -55.6 | -85.9 | 16.4 | -54.9 | -85.7 | ||
| November | 10.9 | -39.0 | -91.2 | 9.5 | -42.1 | -91.5 | ||
| December | 34.3 | 214.9 | -73.4 | 30.8 | 224.2 | -73.1 | ||
| 2021 | January | 7.6 | -77.8 | -93.9 | 6.7 | -78.2 | -94.1 | |
| February | 7.7 | 0.9 | -93.9 | 6.7 | 0.0 | -94.1 | ||
| March | 7.4 | -4.1 | -86.0 | 6.5 | -3.0 | -86.0 | ||
| April | 7.3 | -1.3 | 83.8 | 6.5 | 0.0 | 80.6 | ||
| May | 8.3 | 13.8 | 116.4 | 7.0 | 7.7 | 105.9 | ||
| June | 49.7 | 500.7 | 846.5 | 42.6 | 508.6 | 846.7 | ||
| July | 61.5 | 23.8 | 118.7 | 52.4 | 23.0 | 107.9 | ||
| August | 62.9 | 2.3 | 46.1 | 52.8 | 0.8 | 38.9 | ||
| September | 60.4 | -4.1 | 50.1 | 51.9 | -1.7 | 42.6 | ||
| October | 61.9 | 2.6 | 246.9 | 53.6 | 3.3 | 226.8 | ||
| November | 62.3 | 0.7 | 472.5 | 51.6 | -3.7 | 443.2 | ||
| December | 52.9 | -15.2 | 54.2 | 46.6 | -9.7 | 51.3 | ||
| 2022 | January | 59.8 | 13.1 | 684.6 | 49.3 | 5.8 | 635.8 | |
| February | 76.9 | 28.6 | 900.3 | 64.1 | 30.0 | 856.7 | ||
| March2 | 76.8 | -0.1 | 941.9 | 64.1 | 0.0 | 886.2 | ||
| 1 Based on Seasonal Patterns up to March 2022 | ||||||||
| 2 Provisional Value Indices based on early returns from respondents | ||||||||
| Table 3 (b) Seasonally adjusted indices by sector1 | ||||||||
| Base Year: 2015=100 | ||||||||
| Food and Beverages Service Activities3 | ||||||||
| NACE 551, 562 | ||||||||
| Period | Services Value | Services Volume | ||||||
| Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | |||
| 2020 | 1st quarter | 113.2 | -6.9 | -6.4 | 104.2 | -7.0 | -7.5 | |
| 2nd quarter | 68.8 | -39.2 | -45.1 | 62.1 | -40.4 | -45.9 | ||
| 3rd quarter | 113.5 | 65.0 | -9.0 | 101.9 | 64.1 | -10.7 | ||
| 4th quarter | 77.2 | -32.0 | -36.5 | 70.0 | -31.3 | -37.6 | ||
| 2021 | 1st quarter | 62.8 | -18.7 | -44.6 | 55.3 | -21.0 | -46.9 | |
| 2nd quarter | 68.1 | 8.5 | -1.0 | 59.3 | 7.2 | -4.5 | ||
| 3rd quarter | 101.7 | 49.3 | -10.4 | 89.5 | 50.9 | -12.2 | ||
| 4th quarter | 111.7 | 9.8 | 44.8 | 98.8 | 10.4 | 41.1 | ||
| 2022 | 1st quarter2 | 114.2 | 2.2 | 81.9 | 99.1 | 0.3 | 79.2 | |
| 2020 | March | 90.2 | -27.2 | -26.7 | 80.9 | -29.3 | -28.5 | |
| April | 59.9 | -33.6 | -51.9 | 54.3 | -32.9 | -52.5 | ||
| May | 66.8 | 11.5 | -46.4 | 61.0 | 12.3 | -46.8 | ||
| June | 79.7 | 19.3 | -37.0 | 70.9 | 16.2 | -38.5 | ||
| July | 105.8 | 32.8 | -14.0 | 98.4 | 38.8 | -14.0 | ||
| August | 115.5 | 9.1 | -8.0 | 102.1 | 3.8 | -11.8 | ||
| September | 119.2 | 3.2 | -5.0 | 105.2 | 3.0 | -6.2 | ||
| October | 79.8 | -33.1 | -34.4 | 71.8 | -31.7 | -35.3 | ||
| November | 60.1 | -24.6 | -51.1 | 52.3 | -27.2 | -53.4 | ||
| December | 91.6 | 52.3 | -23.7 | 86.0 | 64.4 | -24.0 | ||
| 2021 | January | 58.4 | -36.2 | -53.5 | 53.0 | -38.4 | -54.8 | |
| February | 62.9 | 7.7 | -49.2 | 55.1 | 4.0 | -51.9 | ||
| March | 66.9 | 6.3 | -25.8 | 57.9 | 5.1 | -28.4 | ||
| April | 67.6 | 1.0 | 12.8 | 58.6 | 1.2 | 7.9 | ||
| May | 67.7 | 0.1 | 1.2 | 59.1 | 0.9 | -3.1 | ||
| June | 69.1 | 2.2 | -13.3 | 60.3 | 2.0 | -15.0 | ||
| July | 88.1 | 27.4 | -16.8 | 81.9 | 35.8 | -16.8 | ||
| August | 107.8 | 22.4 | -6.6 | 92.3 | 12.7 | -9.6 | ||
| September | 109.3 | 1.3 | -8.4 | 94.3 | 2.2 | -10.4 | ||
| October | 113.0 | 3.4 | 41.7 | 97.3 | 3.2 | 35.5 | ||
| November | 115.2 | 2.0 | 91.6 | 99.4 | 2.2 | 90.1 | ||
| December | 107.0 | -7.1 | 16.8 | 99.6 | 0.2 | 15.8 | ||
| 2022 | January | 100.4 | -6.1 | 71.9 | 89.7 | -9.9 | 69.2 | |
| February | 121.0 | 20.5 | 92.3 | 104.0 | 15.9 | 88.7 | ||
| March2 | 121.1 | 0.1 | 80.9 | 103.6 | -0.4 | 78.9 | ||
| 1 Based on Seasonal Patterns up to March 2022 | ||||||||
| 2 Provisional Value Indices based on early returns from respondents | ||||||||
| 3NACE 563 which relates to Bars is excluded from this subcategory and is published separately in the Retail Sales Index. The overall index for Accommodation and Food Service Activities includes Bars | ||||||||
| Table 4 Seasonally adjusted indices by sector1 | ||||||||
| Base Year: 2015=100 | ||||||||
| Professional, Scientific and Technical Activities | ||||||||
| NACE 69-75 | ||||||||
| Period | Services Value | Services Volume | ||||||
| Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | |||
| 2020 | 1st quarter | 96.2 | -3.0 | -10.1 | 86.7 | -2.5 | -13.7 | |
| 2nd quarter | 83.4 | -13.3 | -17.6 | 76.8 | -11.4 | -19.2 | ||
| 3rd quarter | 94.9 | 13.7 | -5.4 | 84.9 | 10.5 | -6.9 | ||
| 4th quarter | 101.2 | 6.6 | 2.1 | 90.5 | 6.6 | 1.8 | ||
| 2021 | 1st quarter | 92.7 | -8.4 | -3.6 | 83.9 | -7.3 | -3.2 | |
| 2nd quarter | 89.4 | -3.6 | 7.1 | 82.2 | -2.0 | 7.0 | ||
| 3rd quarter | 104.5 | 17.0 | 10.2 | 92.8 | 12.9 | 9.3 | ||
| 4th quarter | 102.1 | -2.3 | 0.9 | 90.5 | -2.5 | 0.0 | ||
| 2022 | 1st quarter2 | 103.9 | 1.7 | 12.0 | 92.5 | 2.2 | 10.3 | |
| 2020 | March | 92.5 | -3.9 | -14.8 | 83.6 | -4.3 | -18.0 | |
| April | 81.9 | -11.5 | -18.2 | 76.8 | -8.1 | -20.0 | ||
| May | 76.0 | -7.2 | -22.6 | 69.8 | -9.1 | -24.0 | ||
| June | 92.5 | 21.7 | -12.3 | 83.9 | 20.2 | -13.8 | ||
| July | 90.2 | -2.4 | -13.6 | 80.1 | -4.5 | -15.0 | ||
| August | 93.9 | 4.1 | -4.9 | 84.3 | 5.2 | -6.3 | ||
| September | 100.6 | 7.2 | 2.8 | 90.2 | 7.0 | 1.0 | ||
| October | 92.9 | -7.7 | -5.7 | 83.5 | -7.4 | -6.2 | ||
| November | 94.3 | 1.5 | -16.3 | 84.1 | 0.7 | -16.7 | ||
| December | 116.5 | 23.6 | 34.9 | 103.8 | 23.4 | 35.0 | ||
| 2021 | January | 99.5 | -14.6 | -0.3 | 89.3 | -14.0 | 0.2 | |
| February | 97.4 | -2.1 | 1.1 | 88.5 | -0.9 | 1.3 | ||
| March | 81.3 | -16.5 | -12.1 | 73.8 | -16.6 | -11.7 | ||
| April | 82.5 | 1.5 | 0.8 | 77.4 | 4.9 | 0.8 | ||
| May | 91.7 | 11.2 | 20.7 | 84.3 | 8.9 | 20.8 | ||
| June | 93.9 | 2.4 | 1.5 | 84.9 | 0.7 | 1.2 | ||
| July | 103.8 | 10.6 | 15.1 | 92.1 | 8.5 | 15.0 | ||
| August | 102.6 | -1.2 | 9.3 | 91.4 | -0.8 | 8.4 | ||
| September | 107.2 | 4.6 | 6.6 | 95.0 | 3.9 | 5.3 | ||
| October | 104.9 | -2.2 | 13.0 | 93.8 | -1.3 | 12.3 | ||
| November | 102.4 | -2.4 | 8.6 | 90.5 | -3.5 | 7.6 | ||
| December | 99.1 | -3.2 | -14.9 | 87.3 | -3.5 | -15.9 | ||
| 2022 | January | 100.5 | 1.3 | 1.0 | 89.0 | 1.9 | -0.3 | |
| February | 103.9 | 3.4 | 6.7 | 92.6 | 4.0 | 4.6 | ||
| March2 | 107.2 | 3.2 | 31.9 | 96.0 | 3.7 | 30.1 | ||
| 1 Based on Seasonal Patterns up to March 2022 | ||||||||
| 2 Provisional Value Indices based on early returns from respondents | ||||||||
| Table 5 Seasonally adjusted indices by sector1 | ||||||||
| Base Year: 2015=100 | ||||||||
| Administrative and Support Service Activities2 | ||||||||
| NACE 77-82 | ||||||||
| Period | Services Value | Services Volume | ||||||
| Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | |||
| 2020 | 1st quarter | 93.2 | -6.4 | -4.5 | 82.7 | -7.2 | -10.6 | |
| 2nd quarter | 74.1 | -20.5 | -28.3 | 63.6 | -23.1 | -32.2 | ||
| 3rd quarter | 73.3 | -1.1 | -26.8 | 63.1 | -0.8 | -29.8 | ||
| 4th quarter | 76.6 | 4.4 | -23.1 | 66.1 | 4.8 | -25.8 | ||
| 2021 | 1st quarter | 72.2 | -5.7 | -22.5 | 64.1 | -3.0 | -22.5 | |
| 2nd quarter | 72.7 | 0.6 | -2.0 | 61.7 | -3.7 | -3.0 | ||
| 3rd quarter | 75.1 | 3.3 | 2.4 | 63.3 | 2.6 | 0.3 | ||
| 4th quarter | 78.6 | 4.6 | 2.6 | 65.9 | 4.1 | -0.3 | ||
| 2022 | 1st quarter3 | 82.4 | 4.8 | 14.1 | 70.5 | 7.0 | 10.0 | |
| 2020 | March | 90.9 | -3.5 | -6.2 | 80.8 | -2.2 | -12.6 | |
| April | 77.6 | -14.6 | -31.0 | 65.7 | -18.7 | -35.1 | ||
| May | 71.9 | -7.4 | -28.3 | 62.4 | -5.0 | -30.3 | ||
| June | 72.9 | 1.4 | -25.0 | 62.7 | 0.5 | -30.8 | ||
| July | 74.5 | 2.2 | -27.0 | 63.7 | 1.6 | -29.8 | ||
| August | 73.0 | -1.9 | -25.3 | 63.4 | -0.5 | -27.0 | ||
| September | 72.5 | -0.8 | -28.0 | 62.3 | -1.7 | -32.3 | ||
| October | 79.6 | 9.8 | -30.5 | 66.7 | 7.1 | -32.5 | ||
| November | 75.2 | -5.5 | -19.0 | 65.6 | -1.6 | -22.3 | ||
| December | 75.0 | -0.2 | -18.0 | 66.1 | 0.8 | -21.4 | ||
| 2021 | January | 72.5 | -3.4 | -23.3 | 64.8 | -2.0 | -23.4 | |
| February | 71.7 | -1.1 | -23.9 | 64.0 | -1.2 | -22.5 | ||
| March | 72.4 | 1.0 | -20.3 | 63.5 | -0.8 | -21.4 | ||
| April | 70.3 | -2.9 | -9.4 | 58.8 | -7.4 | -10.5 | ||
| May | 72.4 | 3.0 | 0.8 | 62.5 | 6.3 | 0.2 | ||
| June | 75.2 | 3.8 | 3.2 | 63.9 | 2.2 | 1.9 | ||
| July | 72.5 | -3.6 | -2.7 | 62.0 | -3.0 | -2.7 | ||
| August | 76.4 | 5.5 | 4.7 | 64.2 | 3.5 | 1.3 | ||
| September | 76.4 | -0.1 | 5.4 | 63.8 | -0.6 | 2.4 | ||
| October | 77.4 | 1.4 | -2.7 | 63.9 | 0.2 | -4.2 | ||
| November | 83.5 | 7.8 | 11.1 | 69.9 | 9.4 | 6.6 | ||
| December | 74.8 | -10.5 | -0.3 | 63.8 | -8.7 | -3.5 | ||
| 2022 | January | 79.9 | 6.9 | 10.3 | 68.7 | 7.7 | 6.0 | |
| February | 82.3 | 3.0 | 14.8 | 70.6 | 2.8 | 10.3 | ||
| March3 | 84.8 | 3.0 | 17.1 | 72.2 | 2.3 | 13.7 | ||
| 1 Based on Seasonal Patterns up to March 2022 | ||||||||
| 2 NACE 7735 is excluded | ||||||||
| 3 Provisional Value Indices based on early returns from respondents | ||||||||
| Table 6 Seasonally adjusted indices by sector1 | ||||||||
| Base Year: 2015=100 | ||||||||
| Transportation and Storage | ||||||||
| NACE 49-53 | ||||||||
| Period | Services Value | Services Volume | ||||||
| Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | |||
| 2020 | 1st quarter | 110.8 | -5.8 | -4.8 | 95.3 | -5.7 | -7.9 | |
| 2nd quarter | 65.3 | -41.0 | -45.1 | 58.4 | -38.7 | -45.6 | ||
| 3rd quarter | 75.5 | 15.6 | -37.3 | 67.7 | 15.9 | -36.7 | ||
| 4th quarter | 86.3 | 14.3 | -26.6 | 74.3 | 9.7 | -26.5 | ||
| 2021 | 1st quarter | 85.1 | -1.3 | -23.1 | 75.3 | 1.3 | -21.0 | |
| 2nd quarter | 80.0 | -6.0 | 22.6 | 71.5 | -5.0 | 22.4 | ||
| 3rd quarter | 89.5 | 11.8 | 18.5 | 74.5 | 4.2 | 10.0 | ||
| 4th quarter | 102.7 | 14.8 | 19.1 | 79.7 | 7.0 | 7.3 | ||
| 2022 | 1st quarter2 | 107.0 | 4.1 | 25.7 | 84.1 | 5.5 | 11.7 | |
| 2020 | March | 92.4 | -22.7 | -21.9 | 79.7 | -22.4 | -24.2 | |
| April | 63.8 | -31.0 | -50.1 | 56.3 | -29.4 | -51.0 | ||
| May | 65.2 | 2.3 | -45.5 | 57.9 | 2.8 | -46.2 | ||
| June | 66.9 | 2.6 | -38.9 | 60.9 | 5.2 | -38.7 | ||
| July | 72.1 | 7.7 | -39.5 | 65.8 | 8.0 | -39.2 | ||
| August | 70.0 | -2.9 | -42.0 | 63.5 | -3.5 | -41.0 | ||
| September | 84.5 | 20.7 | -30.4 | 73.9 | 16.4 | -29.6 | ||
| October | 79.2 | -6.2 | -35.6 | 68.9 | -6.8 | -35.5 | ||
| November | 88.5 | 11.7 | -21.6 | 76.2 | 10.6 | -21.8 | ||
| December | 91.1 | 3.0 | -22.0 | 77.8 | 2.1 | -21.4 | ||
| 2021 | January | 82.4 | -9.6 | -31.5 | 72.7 | -6.6 | -29.8 | |
| February | 85.7 | 4.0 | -28.3 | 76.1 | 4.7 | -25.9 | ||
| March | 87.3 | 1.9 | -5.5 | 77.1 | 1.3 | -3.3 | ||
| April | 81.0 | -7.2 | 27.0 | 72.7 | -5.7 | 29.1 | ||
| May | 80.5 | -0.7 | 23.4 | 71.7 | -1.4 | 23.8 | ||
| June | 78.6 | -2.3 | 17.5 | 70.1 | -2.2 | 15.1 | ||
| July | 82.3 | 4.6 | 14.2 | 71.1 | 1.4 | 8.1 | ||
| August | 89.1 | 8.3 | 27.4 | 74.7 | 5.1 | 17.6 | ||
| September | 97.0 | 8.8 | 14.8 | 77.7 | 4.0 | 5.1 | ||
| October | 102.8 | 6.0 | 29.7 | 80.9 | 4.1 | 17.4 | ||
| November | 107.3 | 4.5 | 21.3 | 83.2 | 2.8 | 9.2 | ||
| December | 98.1 | -8.6 | 7.7 | 75.1 | -9.7 | -3.5 | ||
| 2022 | January | 107.4 | 9.5 | 30.3 | 84.7 | 12.8 | 16.5 | |
| February | 109.2 | 1.6 | 27.3 | 85.6 | 1.1 | 12.5 | ||
| March2 | 104.4 | -4.3 | 19.6 | 81.9 | -4.3 | 6.2 | ||
| 1 Based on Seasonal Patterns up to March 2022 | ||||||||
| 2 Provisional Value Indices based on early returns from respondents | ||||||||
| Table 7 Seasonally adjusted indices by sector1 | ||||||||
| Base Year: 2015=100 | ||||||||
| Information and Communication | ||||||||
| NACE 58-63 | ||||||||
| Period | Services Value | Services Volume | ||||||
| Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | |||
| 2020 | 1st quarter | 170.5 | 4.4 | 11.1 | 151.5 | 1.7 | 6.5 | |
| 2nd quarter | 167.1 | -2.0 | 4.0 | 149.6 | -1.3 | -2.2 | ||
| 3rd quarter | 172.6 | 3.3 | 4.5 | 153.6 | 2.7 | -1.3 | ||
| 4th quarter | 176.5 | 2.2 | 8.1 | 154.5 | 0.6 | 3.7 | ||
| 2021 | 1st quarter | 189.3 | 7.2 | 11.0 | 168.3 | 8.9 | 11.1 | |
| 2nd quarter | 198.4 | 4.8 | 18.7 | 176.2 | 4.7 | 17.8 | ||
| 3rd quarter | 209.1 | 5.4 | 21.1 | 185.8 | 5.4 | 21.0 | ||
| 4th quarter | 220.1 | 5.2 | 24.7 | 195.6 | 5.3 | 26.6 | ||
| 2022 | 1st quarter2 | 237.2 | 7.8 | 25.3 | 203.3 | 3.9 | 20.8 | |
| 2020 | March | 175.3 | 3.0 | 19.3 | 155.3 | 4.1 | 11.6 | |
| April | 158.0 | -9.9 | 0.1 | 141.3 | -9.0 | -6.4 | ||
| May | 168.3 | 6.5 | 4.2 | 151.3 | 7.1 | -2.1 | ||
| June | 175.0 | 4.0 | 7.8 | 156.1 | 3.2 | 1.9 | ||
| July | 168.4 | -3.8 | 1.4 | 151.8 | -2.8 | -2.3 | ||
| August | 172.1 | 2.2 | 4.3 | 155.4 | 2.4 | -2.0 | ||
| September | 177.4 | 3.0 | 7.9 | 153.7 | -1.1 | 0.3 | ||
| October | 175.9 | -0.8 | 9.4 | 156.7 | 2.0 | 7.9 | ||
| November | 175.2 | -0.4 | 7.3 | 152.7 | -2.6 | 0.9 | ||
| December | 178.3 | 1.8 | 7.7 | 154.2 | 1.0 | 2.5 | ||
| 2021 | January | 189.5 | 6.3 | 14.2 | 164.0 | 6.4 | 9.4 | |
| February | 187.7 | -1.0 | 10.3 | 166.7 | 1.6 | 11.7 | ||
| March | 190.6 | 1.6 | 8.7 | 174.1 | 4.4 | 12.1 | ||
| April | 194.2 | 1.9 | 22.9 | 171.2 | -1.7 | 21.2 | ||
| May | 195.6 | 0.7 | 16.2 | 173.6 | 1.4 | 14.7 | ||
| June | 205.3 | 5.0 | 17.3 | 183.8 | 5.9 | 17.7 | ||
| July | 206.1 | 0.4 | 22.4 | 182.7 | -0.6 | 20.4 | ||
| August | 206.0 | 0.0 | 19.7 | 183.2 | 0.3 | 17.9 | ||
| September | 215.2 | 4.5 | 21.3 | 191.4 | 4.5 | 24.5 | ||
| October | 214.2 | -0.5 | 21.8 | 192.3 | 0.5 | 22.7 | ||
| November | 217.0 | 1.3 | 23.8 | 185.9 | -3.3 | 21.7 | ||
| December | 229.0 | 5.5 | 28.4 | 208.5 | 12.2 | 35.2 | ||
| 2022 | January | 218.5 | -4.6 | 15.3 | 182.3 | -12.6 | 11.2 | |
| February | 237.5 | 8.7 | 26.5 | 211.9 | 16.2 | 27.1 | ||
| March2 | 255.6 | 7.6 | 34.1 | 215.7 | 1.8 | 23.9 | ||
| 1 Based on Seasonal Patterns up to March 2022 | ||||||||
| 2 Provisional Value Indices based on early returns from respondents | ||||||||
| Table 8 Seasonally adjusted indices by sector1 | ||||||||
| Base Year: 2015=100 | ||||||||
| Other Service Activities | ||||||||
| NACE 68, 92-93, 95-96 | ||||||||
| Period | Service Value | Services Volume | ||||||
| Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | |||
| 2020 | 1st quarter | 108.3 | -10.2 | -3.0 | 90.6 | -9.9 | -5.9 | |
| 2nd quarter | 50.1 | -53.8 | -57.7 | 41.6 | -54.1 | -58.1 | ||
| 3rd quarter | 83.2 | 66.2 | -30.4 | 68.5 | 64.7 | -31.4 | ||
| 4th quarter | 81.3 | -2.3 | -32.6 | 67.1 | -2.0 | -33.2 | ||
| 2021 | 1st quarter | 61.4 | -24.6 | -43.4 | 51.0 | -24.0 | -43.7 | |
| 2nd quarter | 73.2 | 19.4 | 46.3 | 59.2 | 16.1 | 42.3 | ||
| 3rd quarter | 92.8 | 26.7 | 11.5 | 74.3 | 25.5 | 8.5 | ||
| 4th quarter | 107.3 | 15.7 | 31.9 | 84.6 | 13.9 | 26.1 | ||
| 2022 | 1st quarter2 | 110.1 | 2.6 | 79.4 | 87.0 | 2.8 | 70.6 | |
| 2020 | March | 84.4 | -31.5 | -23.8 | 70.8 | -31.1 | -25.7 | |
| April | 48.3 | -42.8 | -55.8 | 40.3 | -43.1 | -56.0 | ||
| May | 49.4 | 2.4 | -60.1 | 40.9 | 1.5 | -60.6 | ||
| June | 52.5 | 6.2 | -56.8 | 43.6 | 6.6 | -57.3 | ||
| July | 80.1 | 52.6 | -32.9 | 65.8 | 50.9 | -34.1 | ||
| August | 83.2 | 3.9 | -30.5 | 68.5 | 4.1 | -31.6 | ||
| September | 86.4 | 3.8 | -27.7 | 71.1 | 3.8 | -28.6 | ||
| October | 86.3 | 0.0 | -26.8 | 71.2 | 0.1 | -27.6 | ||
| November | 67.2 | -22.1 | -44.6 | 55.0 | -22.8 | -45.4 | ||
| December | 90.5 | 34.6 | -26.2 | 75.0 | 36.4 | -26.8 | ||
| 2021 | January | 63.2 | -30.2 | -46.2 | 52.3 | -30.3 | -46.8 | |
| February | 62.3 | -1.4 | -49.5 | 51.7 | -1.1 | -49.7 | ||
| March | 58.6 | -5.8 | -30.6 | 48.9 | -5.4 | -30.9 | ||
| April | 62.8 | 7.1 | 29.9 | 51.6 | 5.5 | 28.0 | ||
| May | 67.8 | 8.1 | 37.2 | 54.4 | 5.4 | 33.0 | ||
| June | 89.1 | 31.3 | 69.7 | 71.6 | 31.6 | 64.2 | ||
| July | 92.5 | 3.8 | 15.5 | 74.5 | 4.1 | 13.2 | ||
| August | 86.6 | -6.4 | 4.1 | 69.6 | -6.6 | 1.6 | ||
| September | 99.1 | 14.5 | 14.8 | 78.7 | 13.1 | 10.7 | ||
| October | 101.4 | 2.2 | 17.4 | 80.3 | 2.0 | 12.8 | ||
| November | 116.3 | 14.7 | 73.0 | 90.9 | 13.2 | 65.3 | ||
| December | 104.2 | -10.4 | 15.2 | 82.6 | -9.1 | 10.1 | ||
| 2022 | January | 110.1 | 5.7 | 74.3 | 87.0 | 5.3 | 66.3 | |
| February | 105.8 | -3.9 | 69.9 | 83.3 | -4.3 | 61.1 | ||
| March2 | 114.3 | 8.1 | 95.0 | 90.7 | 8.9 | 85.5 | ||
| 1 Based on Seasonal Patterns up to March 2022 | ||||||||
| 2 Provisional Value Indices based on early returns from respondents | ||||||||
The Monthly Services Index (MSI) monitors short term trends in output of enterprises in the non-financial traded services sector. From January 2022, output is measured in current prices (turnover) and in constant prices (volume index) for each sector, where the value of turnover is deflated by price changes within each sector.
The sample size is approximately 2,250 enterprises. The sample comprises a census of all enterprises with an annual turnover value of more than €20m or enterprises with more than 100 persons engaged. The remainder of the target population is stratified using 2-digit Statistical Classification of Economic Activities in the European Community, i.e. NACE Rev. 2 classifications. Each of these 2-digit NACE sectors are further subdivided into strata based on turnover. A simple random sample is then drawn from each stratum. Retail and Motor Trade figures are taken from the separate Retail Sales Index sample of approximately 1,600 enterprises.
The response rates for the provisional results are typically 46% in terms of the enterprises surveyed which represents 75% of the value of total turnover. The corresponding figures for the final results are 55% and 83% respectively. These response rates are based on averages for the 6 month period ending December 2018.
The business activity classifications used in this statistical release are based on the Statistical Classification of Economic Activities in the European Community i.e. NACE Rev. 2.
The index system is structured on the non-financial traded services sector covered in the 2015 Annual Services Inquiry (ASI). This non-financial traded services sector is further broken down as follows:
Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles (NACE 45-47)
Transportation and Storage (NACE 49-53)
Accommodation and Food Service Activities (NACE 55, 56)
Information and Communication (NACE 58-63)
Professional, Scientific and Technical Activities (NACE 69-75)
Administrative and Support Service Activities (NACE 77-82)
Other Service Activities (NACE 68, 92-93, 95-96)
To compile the MSI, each of the above published NACE sectors is separated into three distinct cell sizes based on the constituent enterprises’ reported gross value added (GVA) for 2015. Using data taken from the 2015 ASI, GVA baseweights are then calculated for each of these cells and the baseweights are updated each month using a matched sample approach.
An enterprise’s monthly GVA value is calculated as follows: respondents report their monthly turnover figures which are transformed into estimated GVA figures by applying a firm specific factor based on an individual respondent’s 2015 ASI return. The factor is calculated for each firm by simply dividing their estimated GVA by reported turnover. If an enterprise was not on the ASI sample then the relevant cell mean GVA/turnover ratio, calculated from the 2015 ASI, is applied. The reason for this methodology is to reduce the disproportionate impact that some enterprises (which report large turnover figures but have a relatively small GVA) can have on the overall series.
Monthly and annual percentage changes are calculated before rounding. All indices presented in the tables are rounded to one decimal place.
Seasonal adjustment for each of the sectors is conducted using a direct seasonal adjustment approach. However, the overall MSI is estimated using the indirect approach, i.e. the MSI is derived by adding the weighted seasonally adjusted sub-components. The main reason for adopting the indirect approach for the MSI is to attribute the monthly and annual changes in the MSI to each of its sub-components. Seasonal adjustment models are developed for each series based on unadjusted data spanning from January 2009 to the current period. These models are reviewed on an annual basis; however seasonal factors are updated each month. Following an annual review of seasonal adjustment models in May 2021, all sub-indices were found to display seasonal factors.
The seasonal adjustment of the MSI is conducted using the X-13ARIMA-SEATS software produced, distributed and maintained by the U.S. Census Bureau. The seasonal estimates take into account other factors that may impact on the quality of the seasonal adjustment, i.e. outliers, temporary changes and level shifts.
For additional information on the use of X-13ARIMA-SEATS see (Findley, D.F., B.C. Monsell, W.R. Bell, M.C. Otto, and B. Chen (1998), “New Capabilities and Methods of the X-12-Arima Seasonal Adjustment Program”, Journal of Business & Economic Statistics, 16, pp. 127-177.) and Win X-13
The rebasing of the series is in line with EU recommendations to update the base reference periods at regular five-year intervals. This new series replaces the existing series to base year 2010 as 100.
The difference in the new rebased MSI series is the use of new cell and sector baseweights taken from the ASI 2015. The existing cell structure/breakdown was maintained in this series. For each sector, enterprises are placed in a particular cell based on the following criteria and each sector is then weighted to compile the overall index:
The new baseweights are updated each month using changes to respondents’ monthly estimated GVA.
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Show Table 1 Seasonally adjusted indices for the non-financial traded services sector
Hide Table 1 Seasonally adjusted indices for the non-financial traded services sector