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Quarterly Sectoral Forecasts

Our latest view on the outlook for the Northern Ireland economy, including forecasts of output and employment growth for the main sectors in Northern Ireland

Conor Lambe

Global uncertainty levels have been particularly elevated during the first half of 2025 and this has likely been a contributor to the mixed performance of the economy. Looking forward, global uncertainty levels are expected to continue to weigh on economic activity, the Autumn 2024 Budget announcements have now taken effect and are putting pressure on business costs and inflation is running above target. The combination of these factors means that economic growth is projected to remain modest in 2025 and 2026.

Conor Lambe - Chief Economist

Read the full report below:

Q2 2025 report

Q2_25_Eco_Growth_NI
Q2_25_Eco_Growth_UK
Q2_25_UK_Inflation
Q2_25_NI_Employee_Growth
Q2_25_NI_Unemployment
Q2_25_UK_Unemployment

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