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Birmingham Post
Birmingham Post
Business
David Elliott

Ulster Bank PMI: Northern Ireland business activity grows at fastest pace in a year

The Northern Ireland economy continued its tentative recovery last month with business activity in the private sector accelerating at the fastest pace in a year and companies hiring apace.

That’s according to the latest PMI report from Ulster Bank which showed that Northern Ireland' business activity growth was only outpaced by London in a comparison of all 12 UK regions, with output, new orders and employment all climbing at higher rates.

The retail sector posted the fastest growth with respondents to the PMI survey reporting higher sales and improvements in customer confidence and demand.

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