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Irish Manufacturing Activity Contracts Most In 9 Months

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Ireland's manufacturing downturn deepened in April amid a sustained reduction in output volumes and new orders, survey results from S&P Global showed on Wednesday.

The headline AIB Manufacturing Purchasing Managers' Index dropped to 47.6 in April from 49.6 in March. Any score below 50 indicates contraction in the sector.

Output fell at the steepest pace in six months in April, linked to sluggish demand conditions and a subsequent lack of incoming new work.

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