July PMI – Fastest rise in output since January

Today sees the release of July data from the Ulster Bank Northern Ireland PMI®. The latest report – produced for Ulster Bank by IHS Markit – pointed to marked increases in both output and new orders amid an unusually long spell of warm weather. That said, employment increased only slightly and business confidence eased. The rate of input cost inflation remained sharp, leading output prices to rise at a pace only slightly weaker than June’s ten-year high.

JUL18 PMI_Digital (PNG) Continue reading

Two years on from Brexit vote, EU’s more fundamental problems resurface…

This month marks two years since the Brexit vote, and in the intervening period, we have become fixated with the relationship between the UK and the EU. However, in many respects what is going on within the EU itself is potentially even more significant, and the next two years could be defining for the bloc.

34390755362_841335d219_b.jpg Continue reading