According to the December Ulster Bank PMI® survey of the Northern Ireland private sector economy for the month of December, released today, levels of business activity in the Northern Ireland private sector economy have improved for a ninth successive month during December. Although slipping from November's survey record high, the rate of growth remained substantial, with increased new business and the introduction of new products widely cited as factors driving the latest increase in activity.
Growth of output was again broadly in line with the UK private sector economy average.
