Ulster Economix
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The official blog of Ulster Economix offers views, insight, comments, and updates on the Northern Ireland economy and wider economic issues by Richard Ramsey. He is Chief Economist, Northern Ireland, at Ulster Bank and a member of the Department of Finance's Statistics Advisory Committee.
Ulster Economix
6d ago
It would be hard to argue that the economy is currently the number one priority of the Northern Ireland Executive or for that matter the UK government or many administrations around the world. That’s because governments are having to contend ..read more
Ulster Economix
6d ago
The last mile in the inflation battle was always going to be hard. In the UK, the most recent data revealed a continued, albeit slow, decline in inflation. Meanwhile the latest three months of US price pressures surpassed expectations. In ..read more
Ulster Economix
1w ago
Today sees the release of March data from the Ulster Bank Northern Ireland PMI®. The latest report pointed to strong and accelerated increases in output and new orders, with firms at their most optimistic regarding the future for almost six ..read more
Ulster Economix
2w ago
Slight fall in Ulster Fry Index but still second highest on record Richard Ramsey, Chief Economist at Ulster Bank has presented his annual Ulster Bank Ulster Fry Index at an event hosted by Ulster Bank today, ahead of its principal ..read more
Ulster Economix
2w ago
Central banks are gearing up for the “final mile” in combating inflation with further falls likely over the coming months, but rising oil prices fuelled by geopolitical tensions are complicating policymakers’ efforts. In the UK, both firms and households expect ..read more
Ulster Economix
2w ago
The podcast that keeps you up to date with what is happening economy-wise in Northern Ireland. Telling you what you need to know but not necessarily what you want to hear. It is better to be prepared for the economic ..read more
Ulster Economix
1M ago
Ongoing disinflationary pressures are gaining momentum, thereby clearing the path for the beginning of the rate cut cycle. However, the timing of such cuts appears to be slated for summer, requiring further patience. The focus now shifts to the pace ..read more
Ulster Economix
1M ago
There were no shocks in the GDP and labour market news that landed last week. The data was consistent with the emerging picture of a subdued but steady recovery. The economy seems to be growing again, supported by rising real ..read more
Ulster Economix
1M ago
The Chancellor delivered another set of pre-election giveaways with the highlight being the 2p cut of National Insurance. While most of the discussions were focused on winners and losers from the announced tax and benefit changes, the key question remains ..read more
Ulster Economix
1M ago
Today sees the release of February data from the Ulster Bank Northern Ireland PMI®. The latest report showed that growth gathered momentum, with both output and new orders increasing at sharper rates. In turn, companies continued to increase their staffing ..read more