-13.5% (+22.6% year 2016) (New and Imported Used Goods Vehicles -1.19%) (CSO)
(Central Bank)
(CSO)
August ‘16 to August ‘17
September 2017
Manufacturing Turnover
Year to September 2017
Receivers appointed over assets of company
New Company Incorporations
Services Output Value
277
16,841
(+4.9% change Sept 2016 Sept 2017)
(+6.9% change Sept 2016 Sept 2017)
(ICT -18.6% Accommodation & Food +4.7%)
(CRO) Q2 2016 – Q2 2017 Regional Unemployment Rate (NUTS 3) Unemployment rate falling in all regions (Dublin 6.2% Outside Dublin 6.4%)
(CRO)
(CSO)
Q2-2016-Q2 2017 Sectoral Employment 11 out of 14 economic sectors growing
Q2 2016 – Q2 2017 Full time and Part time Employment Full time employment growing (+5.0%) and parttime decreasing (-6.4%)
-4.3% Value (2.4% Volume) (CSO)
Q2 2016 – Q2 2017 Regional Employment Rate (NUTS 3) Employment growing in 7 out of 8 regions (Dublin 1.5% Outside Dublin 2.8%) (Border the exception) (CSO- QNHS) 2017 (CSOQNHS) Competitiveness Ranking 6th (up from 7th 2016; 2nd most competitive in the Euro area) (IMD Rankings)
(CSO- QNHS)
(ICT +9.3% Construction +7.7%)
August ‘16- August ‘17
-1.9%
(CSO- QNHS) August ‘16 to August ‘17
(CSO- QNHS) Q2 2017
Goods Exports
Current Account Deficit
+3.0%
-1.2% GDP
(Thompson Reuters Global Rankings for Scientific Research)
(Food & Live Animals +16.0%) (UK exports +0.3% UK imports +8.0%) (CSO)
(-2.5% Q2 ’16) Merchandise €23,360m Services & Income -€24,232m (CSO)
2017
Scientific Research 10th (up from 36th in 2003)
Sept ‘16- Sept ‘17 Real Harmonised Competitiveness Indicator
September 2017
September 2017
September 2017
Manufacturing PMI
Services PMI
Construction PMI
+3.17%
55.4
58.7
56.5
(56.1 August 2017)
(58.4 August 2017)
(55.1 August 2017)
(Real HCI deflated by producer prices)
Input Costs 59.0
Input Costs 58.9
Input Costs 63.5
(Central Bank)
(Investec /Markit)
(Investec /Markit)
(Ulster Bank/Markit)
Note: Direction of arrow indicates change from previous month, quarter or year. Colour of arrow indicates positive (Green) or negative (Orange) impact on the economy
Strategic Policy Division
UK & NI Brexit Economic Dashboard, November 2017 UK GDP Growth (f)
UK Inflation (f)
2.0% 2017 1.6% 2018
2.4% 2017 2.3% 2018
(+0.4% 3 months ending Sept '17)
(+2.8% August '17)
(OBR & ONS)
(OBR & ONS)
UK Current account deficit % GDP (f)
UK Unemployment (f)
4.9% 2017 5.1% 2018
-5.2% 2016 -3.5% 2017 -3.2% 2018
(4.3% 3 months ending August '17)
(OBR & ONS)
(OBR & ONS)
September '17
September '17
September '17
September '17
UK Manufacturing PMI
UK Services PMI
UK Construction PMI
Northern Ireland PMI
55.9
53.6
48.1
55.1 Output
(56.9 August '17)
(53.2 August '17)
(51.1 August '17)
(55.0 August '17) 51.5 Construction 66.7 Input costs
(ONS) (ONS) PMIs – Purchasing Managers Index readings above 50.0 signal growth compared with the previous month, and below 50.0 contraction. Goods trade data excludes oil and erratics such as ships and aircraft.
2 SPD | Department of Business, Enterprise & Innovation