The seasonally adjusted monthly services value index increased by 0.9% in August 2012 when compared with July of this year and there was an annual increase of 6.3%.
Most sectors showed month on month increases in August, new figures from the Central Statistics Office show.
Transportation and Storage sector was up 3.4%, Accommodation and Food Service Activities was 3.2% higher.
Information and Communication rose 1.8% while Wholesale and Retail Trade increased by 0.4%.
Other Services and Business Services showed month on month decreases of 1.9% and 0.4% respectively.
Transportation and Storage, Wholesale and Retail Trade, Information and Communication, Accommodation and Food Service Activities and Business Services showed year on year increases in August 2012 when compared with August 2011. Other Services showed a year on year decrease of 2.2%.
This index monitors trends in output at current prices of enterprises in the non-financial traded services sector. This is the first step in the development of a Services Production Index that measures gross value added changes at constant prices, i.e. a volume index.
The sample size is approximately 2,100 enterprises.
