Northern Ireland's economy began to lose momentum earlier this year, with retail and construction among the sectors with the weakest performances
Retail sales figures were particularly weak, falling 2.4% from April to June, compared to January to March
That weaker short-term performance was mainly related to the service sector, which is the largest part of the economy.The figures come the Northern Ireland Statistics and Research Agency and are broadly in line with the wider UK performance. He suggested it was "very likely" that Northern Ireland along with the rest of the UK has "already entered into recession".
"What's clear is that block grant isn't increasing, we're living within a finite budget, and the problem is that the raging inflationary costs within construction means you get much less for the same budget."
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