The Economy in Northern Ireland

Overview

The latest NI Composite Economic Index report published on the 21st January 2016 provides the most recent statistics on the performance of the NI economy. The headline figures over quarter 3 2015 show:

The Northern Ireland Composite Economic Index (NICEI) results show that NI economic activity decreased by 0.8% in real terms between the second and third quarter of 2015.
This is the first quarterly decrease in the NICEI in the last four quarters.
However, the index increased by 1.1% over the year (Quarter 3 2014 to Quarter 3 2015) in real terms.
Annual output (averaged over the four quarters to Quarter 3 2015) also increased by 1.6% compared to the previous four quarters.
Private sector output also fell by 0.8% over the quarter to Quarter 3 2015.
The Public sector jobs index also decreased by 0.8% over the quarter, and is now at its lowest level since the series began in 2002.

More information can be found here.

More information

Statistical information on the NI economy can be obtained from a number of sources:
1. Major Economic Statistics - major economic statistics.
2. Regional Gross Value Added - statistics across the UK
3. Regional Gross Disposable Household Income - UK statistics
4. Residential Property Price Index - latest quarterly index

Other key publications

Detailed Economic statistics for small areas can also be obtained from the Northern Ireland Neighbourhood Information Service website by clicking here

Interactive content on Residential Property Prices can be found here.