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UK Index of Services: May 2016
The Index of Services was estimated to have increased by 2.7% in May 2016 compared with May 2015. All of the 4 main components of the services industries increased in the most recent month compared with the same month a year ago. The largest contribution to total growth came from business services and finance, which contributed 1.1 percentage points. The latest Index of Services estimates show that output decreased by 0.1% between April 2016 and May 2016. This follows positive growth of 0.6% between March 2016 and April 2016, which is unrevised from the previous estimate. In this release of data, the earliest period ... (full story)