Modest economic recovery set to be tested by new restrictions and Brexit

Northern Ireland’s private sector returned to growth in the third quarter following the easing of lockdown measures in June. But new economic analysis suggests the pace of the recovery remains weak and will soon be tested by the potential introduction of new Covid-19 restrictions and the end of the Brexit transition period on December 31.

But new economic analysis suggests the pace of the recovery remains weak and will soon be tested by the potential introduction of new Covid-19 restrictions and the end of the Brexit transition period on December 31.

Ulster Bank’s Purchasing Managers’ Index (PMI) showed business activity rapidly picked up pace over July, August and September, following the record rates of decline in the second quarter under the coronavirus lockdown.

Source: Modest economic recovery set to be tested by new restrictions and Brexit

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