Contraction of Northern Ireland private sector in August slowest since January 2008
Sep 14th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
August data from the latest Ulster Bank Northern Ireland PMI -- produced for Ulster Bank by Markit Economics - - pointed to reductions in both business activity and new work for the twenty-first successive month in August, although rates of decline continued to ease. Meanwhile, companies’ pricing power remained weak, with average charges falling sharply and input costs increasing at the most marked rate in four months.