Business continued to grow throughout Northern Ireland last month. Services drove a fourth successive month of business growth in Northern Ireland in May, a new report shows. The Ulster Bank Northern Ireland Purchasing Managers’ Index (PMI) says the region enjoyed further growth last month, but the actual pace of expansion slowed. May’s outcome was lower than the 53.1 recorded in April, indicating that while growth continued last month, it did so at a slower pace. READ MOREServices were responsible for all the growth, with retail and construction joining manufacturing in a downturn, according to Richard Ramsey, chief economist Northern Ireland, Ulster Bank.

Source: The Irish Times June 12, 2023 10:58 UTC