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Monthly services index rises 2.2% in February - CSO

Accommodation and Food Service Activities was one of the sectors where value rose in February
Accommodation and Food Service Activities was one of the sectors where value rose in February

The seasonally adjusted monthly services value index rose by 2.2% between January and February, while there was an annual increase in the index in February of 8.2%.

The figures from the Central Statistics Office show that on a monthly basis, Information and Communication (+7.2%), Accommodation and Food Service Activities (+2.4%), Transportation and Storage (+2.4%) and Professional, Scientific and Technical Activities (+1.4%) all increased between January and February.

Meanwhile, Wholesale and Retail Trade (-0.8%), and Administrative and Support Service Activities (-0.4%) decreased in the month to February.

There was no monthly change in the value of Other Service Activities.

Annually, Information and Communication (+27.7%) and Accommodation and Food Service Activities (+20.3%), Professional, Scientific and Technical Activities (+8.6%) and Wholesale and Retail Trade (+4.1%) increased when compared with February 2015.

Other Service Activities (-13.9%), Transportation and Storage (-10.6%) and Administrative and Support Service Activities (-3.2%) decreased in the year to February.