Northern Ireland’s private sector has continued to expand in light of easing inflationary pressures and increasing demand.
That’s according to the latest Purchasing Managers’ Index (PMI) from Ulster Bank which unveiled the third consecutive month of expansion for the province’s companies with growing workloads and widespread hiring.
Activity grew across services, construction and retail, dipping only in manufacturing, as order books lengthened. Perhaps emboldening consumers was a fall in input costs as the rate of inflation eased for the seventh consecutive month.
