PMI: Retail was the star performer in January with an increase in sales and retail employment rising at its fastest pace since May 2018
  • last year
Cross-border shopping and the £600 energy payment has helped Northern Ireland’s retail sector grow during January, according to a new report.

The latest purchasing managers’ index (PMI) from Ulster Bank showed activity in Northern Ireland’s private sector ‘largely started this year the way 2022 ended, with falling levels of business activity and new orders’.

The monthly survey is based on the experiences of local 200 businesses across the construction, manufacturing, retail and services sectors.
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