Latest Results (Quarter 1 2018) - Published 14th June 2018
- Provisional results from the seasonally adjusted Index of Services for the first quarter (January - March) of 2018 show that output in Northern Ireland (NI), in real terms, increased over the quarter by 0.7% and over the year by 1.1%. The services index has now shown an increase over the year for the last fourteen reporting periods.
- The UK as a whole reported growth over the quarter and year, by 0.3% and 1.2% respectively.
- In the longer term, when the most recent four quarters are compared to the previous four quarters, both the NI and UK services sectors reported annualised growth of 1.3% to Quarter 1 2018.
- The NI Index of Services has recovered by 9.7% since the recent minimum value recorded in Quarter 2 (April - June) 2012. The UK index has recovered by 19.7% since the recent low recorded in Quarter 2 2009.
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