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Irish services sector sees partial recovery in June

There was a partial recovery in the country’s services sector in June, according to AIB in its latest purchasing managers index. The business activity index rose to 39.7 from 23.4 in May, a level consistent with ongoing weak activity in the sector. The index measures activity on a scale of 1 to 100 with the […]

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Services sector suffers significant setback due to Covid-19 outbreak

The services sector here suffered a significant setback due to the Covid-19 outbreak last month, with both activity and new work falling at the fastest rate since April 2009. That is according to the AIB Ireland Services Business Activity Index, which fell from 59.9 in February to 32.5 in March. It found that new business […]

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Services sector sees slowest growth since May 2013 – PMI

Services sector sees slowest growth since May 2013 – PMI The services sector grew at its slowest rate since May 2013 last month, a survey showed today, amid a softening of both foreign and domestic demand conditions. The AIB IHS Markit Purchasing Managers’ Index (PMI) for services slipped to 53.1 in September from 54.6 in […]

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Services growth slows in April as Brexit hits sales – PMI

Services growth slows in April as Brexit hits sales – PMI Growth in the country’s services sector slowed in April, adding to signs that the economy began the second quarter at a more moderate pace amid the global slowdown. The AIB services purchasing managers’ index slipped to 54.7 from 55.3 in March. While the reading […]

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