•The Index of Services increased by 3.3% in May 2014, compared with May 2013. All of the four main components of the services industries increased in the most recent month, compared with the same month a year ago. •The largest contributions came from: business services & finance, which contributed 1.7 percentage points to total growth; and distribution, hotels & restaurants, which contributed 0.8 percentage points to total growth. •The latest Index of Services estimates show that output increased by 0.3% between April 2014 and May 2014, the second consecutive 0.3% increase. •The figures within this release are ... (full story)