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Service sector activity grow during January

4 April 2011
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Service sector activity grow during JanuaryThe first month of the year saw activity in the service sector increase by 1.3 per cent, according to official figures.

Data from the Office for National Statistics (ONS) reveals the industry expanded over the month from December, something that may interest those concerned with operations management and demand planning.

The latest report from the organisations shows that the seasonally-adjusted index of services climbed by 2.2 per cent year-on-year to January 2011, with all components of the market witnessing expansion during the 12 months.

Accounting for over three-quarters of total UK domestic product, the sector was negatively affected by the severe winter weather conditions that swept across the country in December.

Following the coldest final month of the year in 100 years, the index of services declined by 1.1 per cent between November and December, rising again by1.3 per cent during January.

Previously-published figures from Markit and the CIPS have indicated that the services sector saw a modest improvement in growth during February this year, comparable to levels recorded before snow and ice affected results in both December and January.ADNFCR-3058-ID-800485536-ADNFCR
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