Creative Industries Statistics

The creative industries contribution to the economy accounted for 2.89% of Gross Value Added (GVA) in 2009 an increase of 0.07% on 2008 in relative terms but in absolute terms GVA decreased by 1% from £36.6bn to £36.3bn. The biggest contribution to UK GVA from the creative industries came from publishing with 0.92%, then advertising with 0.55% and TV and radio with 0.38% (figures from the Department for Culture, Media and Sport (DCMS)). The sector accounted for 10.6% of UK exports in 2009 of which publishing and TV and radio accounted for the greatest exports of services with 3.1% and 2.6% respectively. There were 106,700 creative businesses in the UK in 2011, up to 5.1% from 4.9% in 2009 and 108,820 creative local units, an increase from 4.2% in 2009 to 4.3%. The biggest contribution to the number of businesses came from music and visual performing arts with 30,460 or 1.46% of enterprises and 1.21% of local units in 2011. Advertising accounted for 16,101 businesses or 0.77% of UK total and design 14,720 or 0.71%. Creative businesses employed 1.5m people directly or in a creative role in another industry. It amounts to 5.14% of UK employment. It is a small increase on 2008 when the number was 1.44m or 4.99% of UK employment. The music and visual and performing arts were the largest employers in the creative industries sector with 300,000 employees in 2009 or 1% of UK employment. Next came advertising with 0.92% of employment and 268254 people employed, then publishing with 0.84% and 243,809 people.

SPPI Up 2.4%

The services producer prices index (net aggregate) rose by 2.4% in Q2 2011 compared with Q2 2010 according to ONS. Growth between Q1 and Q2 2011 was 0.9%.

The biggest price increases contributing to the quarter on previous quarter percentage changes were made by advertising placement and sewerage services with 0.33% and freight transport by road offset by a fall in prices for freight forwarding.

Services Annual Inflation Up To 2.9%

The latest services PPI from the ONS says that 12 month inflation rose 2.9% in the first quarter of 2011 compared with a 2.7% rise in the last quarter of 2010. The latest quarter on previous quarter inflation figure was an increase of 1%.

The largest upward effect came from sorted recovered materials services with freight transport by road and freight forwarding also having an upward effect. Market research input inflation was 0.7% latest quarter on previous quarter and 1.3% annual inflation, advertising placement quarterly inflation was 2.5% and annual inflation 5.5%.