Welsh Index of Market Services, Quarter 4 2011

The Index of Market Services for Wales show the short-term movements in the output of service sector companies within Wales, including new data for the three months to December, relating to the fourth quarter of 2011.

Statistics on the Index of Market Services include data for Wales and the UK for the period up to 2011 Quarter 4. The latest release updates the statistics previously released on 17 January 2012.

The key points from the latest release are:

• The longer term trend for the Index of Market Services for Wales shows a rise of 6.0 per cent when comparing the latest four quarters to the previous four quarters. UK output rose by 1.8 per cent. The increase in both Wales and the UK over the longer term is largely accounted for by increases in output from Professional, Scientific and Technical Activities and Administrative and Support Services Activities.
• Over the shorter term (latest quarter compared to previous quarter) output in Wales fell by 1.5 per cent and output in the UK fell by 0.3 per cent.  The fall in Wales is largely accounted for by the falls in output of Information and Communication Activities and Professional, Scientific and Technical Activities whereas the fall in the UK is largely accounted for by a fall in the output of Financial and Insurance Activities.

Further information

StatsWales website

Contact

Tel: 029 2082 5017
E-mail: economic.stats@wales.gsi.gov.uk

Next update

24 July 2012