NI Composite Economic Index: Q3-2019
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NI Composite Economic Index
The NICEI is an experimental quarterly measure of the performance of the NI economy based on available official statistics.
Key points
- Northern Ireland’s economic output decreased in real terms over the quarter (0.1%) but increased over the year (0.3%) to Quarter 3 2019.
- UK GDP grew at a faster rate than NI Economic activity, increasing over the quarter (0.4%) and the year (1.1%).
- UK GDP grew at a faster rate than NI Economic activity, increasing over the quarter (0.4%) and the year (1.1%).
- There was an increase in public sector growth over the quarter (0.4%) and the year (1.4%) to Q3 2019. Over the same period, the private sector contracted by 0.3% over the quarter and remained flat over the year (0.0%).
- Full report.