Economic Buzz: UK Services Index Fall 0.1% Between July And August

12 Oct 2022 , 03:14 PM

UK monthly services output fell by 0.1% between July and August 2022 and is now 0.2% below February 2020, which was the last month of normal trading conditions prior to the coronavirus (COVID-19) pandemic. Services output for the three months to August 2022 fell by 0.1% compared with the three months to May 2022; over this period, human health and social work activities was the largest contributor to the fall, with growth falling by 2.1%.Powered by Commodity Insights