Northern Ireland new orders grow at fastest pace since March, Ulster Bank survey shows
SPY•SPY•SPY•SPY•Northern Ireland’s private-sector activity expanded for a third consecutive month in September, while new orders and job creation grew at their fastest pace since March.
Northern Ireland’s Business Activity Index fell to 53.0 in September from 55.5 in August, remaining above the 50.0 no-change threshold. Activity growth was the second-fastest among UK regions and nations, behind London.
New orders recorded their strongest increase since March and the fastest growth among the 12 monitored UK regions and nations. Job creation also reached its fastest pace since March, while backlogs rose at their sharpest rate in two years.
Input cost inflation accelerated to a three-month high. Selling price inflation eased, but both input cost and selling price inflation remained the UK’s highest.
