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CSO statistical release, , 11am

Monthly Services Index

March 2019 (Provisional) February 2019 (Final)

Monthly Services Index (Base Year 2015 = 100)
     Value Index        Monthly % changeAnnual % change
March 2018109.3-1.63.4
February 2019124.51.912.1
March 2019123.6-0.713.1

Monthly Services decreased by -0.7% in March 2019

Monthly Services Index March 2019 Figure 1
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The seasonally adjusted monthly services value index decreased by -0.7% in March 2019 when compared with February 2019, while in the year to March 2019 there was an increase of 13.1%.

On a monthly basis, Professional, Scientific and Technical Activities (+7.1%), Administrative and Support Service Activities (+1.6%), Transportation and Storage (+0.9%) and Accommodation and Food Service Activities (+0.5%) recorded increases. Decreases were recorded in Other Service Activities (-10.2%), Wholesale and Retail Trade (-5.0%) and Information and Communication (-0.3%)

On an annual basis, the sectors showing increases since March 2018 were Information and Communication (+42.9%), Accommodation and Food Service Activities (+11.1%), Transportation and Storage (+9.5%), Other Service Activities (+0.4%) and Wholesale and Retail Trade (+0.1%). Administrative and Support Service Activities (-8.9%) and Professional, Scientific and Technical Activities (-8.1%) showed decreases in the year to the end of March 2019.