UK index of services rose 2.9% y/y. GBP/USD little changed

This release shows that services output increased by 0.2% between August 2016 and September 2016. The Index of Services was estimated to have increased by 2.9% in September 2016 compared with September 2015. All of the 4 main components of the services industries increased in the most recent month compared with the same month a year ago.

The 0.2% growth in services between August 2016 and September 2016 follows growth of 0.3% between July 2016 and August 2016, which is revised up 0.1 percentage points from the previous estimat

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