Latest Results (Quarter 2 2023) - Published 14 September 2023
- The NI IOS decreased by 0.8% over the quarter (April - June) and increased by 1.5% over the year. The UK IOS increased 0.1% over the quarter and increased by 0.5% over the year.
- NI services output is now 6.0% above the pre-Coronavirus pandemic level seen in Quarter 4 2019 while UK services output remains 0.9% below its pre-pandemic level.
- When the most recent four quarters are compared to the previous four quarters the NI services sector increased by 0.5% while the UK services sector increased by 1.4%.
- The NI IOS output is 36.2% higher than the lowest point (Quarter 2 2020) since the series began.
- The 0.8% quarterly decrease in NI services output reflects a decrease in the Wholesale and retail trade; repair of motor vehicles and motorcycles; accommodation and food service sector (0.4%). There were increases seen in the other three subsectors: the Business services and finance sector (1.3%); the Other services sector (0.9%); and the Transport, storage, information and communications sector (1.0%).
- The 1.5% increase seen in NI services output over the year was driven by increases in three of the four subsectors, with increases in the Wholesale and retail trade; repair of motor vehicles and motorcycles; accommodation and food service sector decreased over the year (0.3%); the Business services and finance sector (9.2%); and the Other services sector (3.4%). There was a decrease in the Transport, storage, information and communications sector (4.2%).
Current publication and tables
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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