Activity in Northern Ireland’s private sector is continuing to slow markedly as the twin threats of soaring inflation and a wider economic slowdown bite hard.
That’s according to the latest PMI index which revealed the seventh successive monthly drop in output and an accompanying fall in new order for companies across the province.
Although the Business Activity Index rose to 46 in November from 44.4 in October, it still underlined a reduction in output across the private sector, although the latest fall was the softest since May.
