Official Statistics

Northern Ireland Composite Economic Index (NICEI) - Q1 2023

NICEI is an experimental quarterly measure of the performance of the Northern Ireland (NI) economy based on available official statistics.

• From: Northern Ireland Statistics and Research Agency
• Published: 29 June 2023

Documents

Northern Ireland Composite Economic Index (NICEI) - Q1 2023

https://www.nisra.gov.uk/statistics/economic-output-statistics/ni-composite-economic-index

Details

The NICEI is an experimental quarterly measure of the performance of the NI economy based on available official statistics. Existing published quarterly indices (i.e. Index of Services (IOS), Index of Production (IOP), Index of Construction (IOC), and public sector employee jobs data from the Quarterly Employment Survey (QES), plus unpublished agricultural output data from DAERA) are weighted using ONS Regional Accounts Gross Value Added (GVA) data to provide a proxy measure of total economic output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.

Published 29 June 2023