The Northern Ireland Composite Economic Index (NICEI) Quarter 1 2025 was published today by the Northern Ireland Statistics & Research Agency (NISRA).<\/p>\n
Notes to editors:<\/p>\n
1. The statistical bulletin, fact sheet and associated tables<\/a> are available on the NISRA website.<\/p>\n 2. The NISRA Northern Ireland Composite Economic Index (NICEI) is a quarterly measure of the performance of the Northern Ireland (NI) economy based on available official statistics.<\/p>\n 3. The NICEI combines existing published quarterly indices (i.e. Index of Services (IOS), Index of Production (IOP), Quarterly Construction Enquiry (QCE)), public sector employee jobs data from the Quarterly Employment Survey (QES), and unpublished agricultural output data from the Department of Agriculture, Environment and Rural Affairs (DAERA). These indices are weighted using ONS Regional Accounts Gross Value Added (GVA) data to provide a proxy measure of total economic output in the NI economy on a quarterly basis.<\/p>\n 4. The NICEI output measures relate to the first quarter (January-March) of 2025. These estimates are based on surveys of businesses and estimates of change are subject to sampling error. Figures for a quarter may be revised if more complete information subsequently becomes available.<\/p>\n 5. The NICEI back series is calculated each quarter, typically the revisions to the NICEI are reasonably minor.<\/p>\n 6. This report will be of interest to policy makers, public bodies, the business community, banks, economic commentators, academics and the general public with an interest in the local economy.<\/p>\n 7. Further information and tables from each of the data sources<\/a> are available on the NISRA website.<\/p>\n 8.\u00a0To keep up to date with news from the Department for the Economy you can follow us on the following social media channels:<\/p>\n 9. For media enquiries contact the Department for the Economy\u00a0Press Office at\u00a0pressoffice@economy-ni.gov.uk<\/a>\u00a0<\/p>\n 10. The Executive Information Service operates an out of hours service\u00a0for media enquiries only<\/strong>\u00a0between 1800hrs and 0800hrs Monday to Friday and at weekends and public holidays. The duty press officer can be contacted on 028 9037 8110.<\/p>\n 11.\u00a0Feedback is welcomed and should be addressed to:\u00a0Suzanne Bradley,\u00a0Economic & Labour Market Statistics Branch (ELMS),\u00a0Telephone: 028 9052 9505.<\/p>\n 12. Follow NISRA on X: @NISRA<\/a><\/p>\n