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Business activity in NI up but recovery 'will take years'

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Long road ahead: Richard Ramsey

Long road ahead: Richard Ramsey

Long road ahead: Richard Ramsey

Business activity in Northern Ireland returned to growth in July following months of decline - but while orders and output are in positive territory, the bigger picture is less rosy.

That was the bottom line in Ulster Bank's July Purchasing Managers' Index (PMI), which tracks changes in four major economic sectors.

It said that overall output for businesses here expanded for the first time in 17 months to 54.5.