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SERVICES


Index of services by selected components and total services (index, Feb 14 = 100) 120.0


115.0 110.0


Mining and oil and gas extraction services Waste treatment and depollution


105.0 100.0


Manufacturing services on goods owned by others


95.0


Government and other services


TOTAL UK EXPORTS OF SERVICES


(excluding travel, transport and banking) in current prices continued to rise in 2015, increasing from £119,703 million in 2014 to £123,231 million, an increase of 2.9%.


2.9% RETAIL SECTOR


Average store prices (including fuel) increased by 3.3% on the year, the largest growth since March 2012; the largest contribution came from petrol stations, where year-on-year average prices rose by 16.4%.


16.4%


The 3 months to March shows a decrease in retail sales of 1.4%; the third consecutive decrease for the underlying 3 month on 3 month pattern.


Looking at the quarterly movement, the 3 months to March 2017 (Quarter 1) is the first quarterly decline since 2013 (Quarter 4).


In March 2017, the quantity bought in the retail industry is estimated to have increased by 1.7% compared with March 2016 and decreased by 1.8% compared with February 2017; decreases are seen across the four main store types.


Online sales (excluding automotive fuel) increased year-on- year by 19.5% and by 0.5% on the month, accounting for approximately 15.5% of all retail spending.


19.5% Total services


Business, services and finance


TOTAL UK IMPORTS OF SERVICES


8.2%


Total UK imports of services from Europe experienced the largest increase in 2015, rising from £29,085 million in 2014 to £31,483 million, an increase of 8.2%.


Transport, strorage and communication


Distribution, hotels and restaurants


LARGEST INCREASE IN UK EXPORTS


(excluding travel, transport and banking) in current prices continued to rise in 2015, increasing from £119,703 million in 2014 to £123,231 million, an increase of 2.9%.


£35,760 MILLION


Maintenance and repair services Construction in the UK Construction outside the UK Architectural services Engineering services


Scientific and other technical services including surveying Operational leasing services


WHAT DO SERVICES INCLUDE?


Agricultural, forestry and fishing


2014 Feb


2014 Jun


2014 Oct


2015 Feb


2015 Jun


2015 Oct


2016 Feb


2016 Jun


2016 Oct


2017 Feb


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