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Index of Services, UK: August 2024
We estimate that the Index of Services (IoS) output increased by 0.1% in August 2024; this follows an unrevised 0.1% increase in July 2024. The IoS saw monthly increases in 5 of the 14 sectors in August 2024, with the largest contribution to the monthly increase coming from "professional, scientific and technical activities" (1.6%). There were decreases in 7 sectors (2 saw no growth) in August 2024 with "arts, entertainment and recreation" (down 2.5%) the only sector seeing a fall greater than 0.8%. We estimate that in the three months to August 2024, the monthly services output increased by 0.1%, when compared with ... (full story)