Business activity in Northern Ireland returned to growth mode last month, according to the latest PMI report from Ulster Bank.
The widely-watched indicator showed an improvement across all 10 indicators in February, boosted by strength in the province’s main export markets with company’s reporting the first rise in output and new orders in 10 months. Meanwhile, private sector firms also reported signs of improving demand, a marginal accumulation in work backlogs, increasing confidence and higher staffing levels.
Retail and manufacturing both posted rises in activity, although services and construction remained in decline.
