Activity in the Northern Ireland private sector is continuing to grow and business leaders are confident of further expansion in the year ahead.
Those were the key takeaways from the latest Purchasing Managers Index (PMI) report from Ulster Bank which showed the fourth consecutive month of growth in May, amid a further easing of inflationary pressures.
Of note, input and output prices increased at the lowest rate in around two-and-a-half years, reflecting anecdotal evidence that the rate of inflation has eased in many areas, particularly energy.