Services Index Up by 1.4%

The ONS Index of Services increased by 1.4% in June 2010 compared with June 2009. Four of the five components increased over the year. Distribution increased by 4.2%, business services and finance by 1.7%, hotels and restaurants by 0.9% and government and other services by 0.7%. The only component to show a decrease was transport, storage and communication with -1.7%. It was a very similar picture over the quarter the only difference being hotels and restaurants which remained unchanged.