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    Northern Ireland's Private Sector Contracts in June

    1 week ago

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    Ulster Bank's latest report indicates a significant contraction in Northern Ireland's private sector during June, marking the third consecutive month of decline. The business activity index stood at 43.9, below the neutral mark of 50. Factors contributing to this downturn include civil unrest, reduced demand, and ongoing inflationary pressures, particularly affecting retail and manufacturing sectors.
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