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Value of services jumped in year to June
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16 Aug 2022 / ireland Print

Value of services jumped in year to June

The value of output produced by the service sector of the economy rose sharply in June compared with the same month last year, according to official figures.

The Central Statistics Office (CSO) said that the figure for professional, scientific, and technical activities jumped by 16% over the year.

This category, which includes the legal sector, also recorded a 1.3% increase compared with May.

COVID restrictions

Overall, the value of services was up 21.5% compared with June 2021, when some COVID-19 restrictions were still in place.

Activity in the accommodation-and-food sector almost doubled over the 12 months.

The CSO pointed out, however, that the total value of services provided in June was also 22.7% higher than in February 2020, the last pre-pandemic month.

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