NI economy weakens due to decline in manufacturing
- Published
New figures reveal the Northern Ireland economy has weakened.
Data from the Northern Ireland Statistics and Research Agency (NISRA) shows growth in 2017 shrank by 0.2% on the previous year.
The reason is put down to a decrease in production sector output, which covers manufacturing.
During the same period, the UK economy expanded year-on-year by 1.4%. By comparison, Ireland's growth rate was 7.8%, according to NISRA.
Northern Ireland's economy has still not returned to where it was pre-recession in 2006.
Meanwhile construction output in Northern Ireland is at a seven-year high.
At the end of 2017, it was 3.6% above what it was 12 months previously.
- Published7 February 2018
- Published21 February 2018
- Published21 February 2018