Rate of contraction in services industry slows

The decline in the rate of business activity in the Irish services sector has slowed in December.

Rate of contraction in services industry slows

The decline in the rate of business activity in the Irish services sector has slowed in December.

The seasonally-adjusted NCB Business Activity Index rose to 48.3 in December, from 46.8 in November – the weakest rate of contraction since February 2008. A score of more than 50 indicates growth.

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