Value of services declines by nearly 4% in November

CSO data shows value of services in the information and communication sector fell by 7.7% when compared to October 

The information and communication sector saw the largest monthly decline out all areas. 

The value of services declined by nearly 4% during November, with the largest fall-off being seen in the information and communication sector, which includes tech companies.

According to the latest CSO data, the value of services in the information and communication sector dropped by 7.7% last November when compared to October, with the next-largest drop being seen in the accommodation and food-service sector, which was down 3.3%.