Latest Results (Quarter 2 2024) - Published 12 September 2024
- The NI IOS increased by 0.4% over the quarter (April - June), reaching a series high, and by 3.8% over the year.
- UK output increased by 0.8% over the quarter and 1.4% over the year to reach a UK series high.
- NI services output is now 10.6% above the pre-Coronavirus pandemic level seen in Quarter 4 2019 while UK services output is 5.0% 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 3.2% while the UK services sector increased by 0.5%.
- NI services output is 41.8% higher than the lowest point (Quarter 2 2020) since the series began.
- Over the quarter the Business services and finance sector increased by 2.9%; the Other services sector increased by 1.2%; and the Transport, storage, information and communications sector also increased by 0.3%. The only sector to show a quarterly decrease was the Wholesale and retail trade; repair of motor vehicles and motorcycles; accommodation and food service sector (0.1%).
- Over the year there were increases seen in all sectors with Wholesale and retail trade; repair of motor vehicles and motorcycles; accommodation and food service sector (3.3%); the Business services and finance sector (8.9%); the Other services sector (0.6%); and the Transport, storage, information & communication sector (1.2%).
- NI Retail Sales Index output, a subset of the Index of Services, decreased 0.6% over the quarter; increased by 0.6% over the year; and increased by 1.5% over the most recent four quarters compared to the previous four quarters.
- NI RSI is now 4.0% below the pre-Coronavirus pandemic level seen in Quarter 4 2019 while UK services output remains 2.4% below its Quarter 4 2019 level.
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Current publication and tables
Index of Services Q2 2024 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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