Latest Results (Quarter 4 2023) - Published 14 March 2024
- The NI IOS decreased by 0.3% over the quarter (October - December) and increased by 1.9% over the year.
- UK output decreased by 0.2% over both the quarter and the year.
- NI services output is now 7.0% above the pre-Coronavirus pandemic level seen in Quarter 4 2019 while UK services output is 3.3% above its Quarter 4 2019 level.
- When the most recent four quarters are compared to the previous four quarters the NI services sector increased by 2.5% while the UK services sector increased by 0.4%.
- NI services output is 37.2% higher than the lowest point (Quarter 2 2020) since the series began.
- Over the quarter the Wholesale and retail trade; repair of motor vehicles and motorcycles; accommodation and food service sector decreased by 0.3%; the Other services sector decreased by 5.5%; and the Transport, storage, information and communications sector also decreased by 2.1%. The only sector to show a quarterly increase was the Business services and finance sector (1.4%).
- Over the year there were increases seen in Wholesale and retail trade; repair of motor vehicles and motorcycles; accommodation and food service sector (1.3%) and the Business services and finance sector (8.9%) In contrast the Other services sector decreased 0.7% while the Transport, storage, information & communication sector fell by 3.7%.
- NI Retail Sales Index output, a subset of the Index of Services, decreased 0.7% over the quarter; increased by 0.6% over the year; and increased by 1.3% over the most recent four quarters compared to the previous four quarters.
Current publication and tables
Index of Services Q4 2023 statistical bulletin and data tables
Historical bulletins
Historical statistical bulletins for the Index of Services (Quarter 3 2014 to Quarter 4 2021) are retained on the Index of Services - historical statistical bulletins page. Statistical bulletins from Quarter 1 2022 onwards can be found under related documents.
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