The ONS index of services for August 2010 showed an increase 2.7% up on August 2009. Distribution showed the biggest increase of the five components that make up the services index with a rise of 5.5%. Business services and finance came next with an increase of 3.4%. Hotels abd restaurants increased by 1.9%, Government and other sevives by 1.3% and transport, storage and communication by 0.4%.
Distribution showed the biggest rise over the last three months but over the last month it was business services and finance with 1.4% that made the biggest increase with distribution falling by 0.7%. The main contributor to the 5.5% rise in the distribution component was a 7.6% increase in the wholesale sector. Computer services contributed a 10% rise to the business services and finance increase of 3.4%. Health and social work also contributed a 3.4% rise.
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