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UK index of services: July 2016
This is the first release of Index of Services (IoS) covering a full month of data following the EU referendum. ONS has no evidence of a significant impact of the outcome of the EU referendum on July’s services output figures. This release shows that services output increased by 0.4% between June 2016 and July 2016. Users should note that ONS always warns against focusing on the month-on-month growth rates. The Index of Services was estimated to have increased by 2.9% in July 2016 compared with July 2015. All of the 4 main components of the services industries increased in the most recent month compared with the ... (full story)