04/12/2013
NI Manufacturing Increases 1.9%
Total manufacturing sales in Northern Ireland increased 1.9% in current prices and up 1.2% in real terms during 2012/13, according to the latest figures.
The 2012/13 Manufacturing Sales and Exports Survey (MSES) was published today by the Northern Ireland Statistics and Research Agency (NISRA).
Total sales by manufacturing companies in Northern Ireland were estimated to be worth £16.9bn in 2012/13.
Total sales are comprised of domestic sales, sales to Great Britain and exports.
Sales within Northern Ireland decreased in current prices by £107mn to £3.6bn, indicating a 2.9% fall.
Sales to Great Britain increased in current prices by £477m to £8.1bn; a 6.2% increase over the year.
Exports decreased by £62m (1.2%) over the year to just under £5.2bn in current prices.
Exports to the Republic of Ireland increased by £68m (5.3%) over the year, to just over £1.3bn in current prices. This marked the second consecutive year of increasing sales to ROI.
The Republic of Ireland remains Northern Ireland's single largest export market.
Exports to the Rest of the EU (excluding the Republic of Ireland (ROI)) fell over the year by £181m (13.1%) to £1.2bn in current prices. In real terms this represented a decrease of 11.7%.
Exports to the rest of the world increased by £52m (2.0%) to £2.6bn in current prices. After adjusting for price changes over the year this represented a rise of 3.6% in real terms.
(IT/CD)
The 2012/13 Manufacturing Sales and Exports Survey (MSES) was published today by the Northern Ireland Statistics and Research Agency (NISRA).
Total sales by manufacturing companies in Northern Ireland were estimated to be worth £16.9bn in 2012/13.
Total sales are comprised of domestic sales, sales to Great Britain and exports.
Sales within Northern Ireland decreased in current prices by £107mn to £3.6bn, indicating a 2.9% fall.
Sales to Great Britain increased in current prices by £477m to £8.1bn; a 6.2% increase over the year.
Exports decreased by £62m (1.2%) over the year to just under £5.2bn in current prices.
Exports to the Republic of Ireland increased by £68m (5.3%) over the year, to just over £1.3bn in current prices. This marked the second consecutive year of increasing sales to ROI.
The Republic of Ireland remains Northern Ireland's single largest export market.
Exports to the Rest of the EU (excluding the Republic of Ireland (ROI)) fell over the year by £181m (13.1%) to £1.2bn in current prices. In real terms this represented a decrease of 11.7%.
Exports to the rest of the world increased by £52m (2.0%) to £2.6bn in current prices. After adjusting for price changes over the year this represented a rise of 3.6% in real terms.
(IT/CD)
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Minister ‘encouraged’ by NI manufacturing figures
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New figures have revealed a slight drop in the number of house sales agreed in Northern Ireland in May, despite a rise in enquiries from potential buyers and sellers. The latest survey by the Royal Institution of Chartered Surveyors and Ulster Bank found anecdotal evidence some buyers were adopting a 'wait and see approach'.
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