Positive signs of improvements in the Northern Ireland economy continued last month, according to an Ulster Bank survey - ClodaghLRice
Positive signs of improvements in the Northern Ireland economy continued last month, according to an Ulster Bank survey.They are asked about things like their staffing levels, order books and exports, in what is considered to be a reliable indicator of economic performance.This was boosted by improved consumer confidence, with only London recording a sharper rate of growth among the UK regions.
A report from the bank says the fall in annual economic output is expected to be about 0.3% in 2023 due to high inflation and changes to the economic policy environment.Danske bank has upgraded its forecast for the Northern Ireland economy this year Danske Bank's chief economist Conor Lambe said: "The economy has proved more resilient than previously expected and the labour market remains in a relatively robust position.
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