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21/05/2019
NI Economy Growth Lags Behind UK
Northern Ireland's economy was the slowest growing of any UK region in the first quarter of 2019, according to an estimate report.
The study, carried out by the Economic Statistics Centre of Excellence (ESCoE), showed that the UK economy expanded by 1.5%, up slightly by the 1.4% growth observed in the last quarter of 2018.
The estimates put the Northern Irish economy growth at 0.7% in the period, at the bottom of the table along with the North East of England, lagging behind other regions. As a whole, London, the South West and Scotland appear to be experiencing the highest growth rates so far this year.
The next phase of GDP figures for the UK regions will be published by the ONS in December.
The study, carried out by the Economic Statistics Centre of Excellence (ESCoE), showed that the UK economy expanded by 1.5%, up slightly by the 1.4% growth observed in the last quarter of 2018.
The estimates put the Northern Irish economy growth at 0.7% in the period, at the bottom of the table along with the North East of England, lagging behind other regions. As a whole, London, the South West and Scotland appear to be experiencing the highest growth rates so far this year.
The next phase of GDP figures for the UK regions will be published by the ONS in December.
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