Economic Buzz: UK Services Output Grows 0.4%

13 Jul 2022 , 03:07 PM

UK monthly services output rose by 0.4% between April and May 2022, reaching a level that was 1.9% above 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 May 2022 grew by 0.1%, compared with the three months to February 2022; over this period, accommodation and food services was the largest growth, rising by 8.6%, with activities of households as employers the largest negative growth, falling by 8.4%.Powered by Commodity Insights