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Mild downturn in manufacturing continues in December

The final AIB PMI survey of Irish manufacturers for 2019 revealed a further deterioration in business conditions in December.  The extent of the downturn remained mild, with new orders and employment only fractionally lower than in November. Exports remained the main drag on total new orders, linked to a weak UK market. Output was cut […]

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Manufacturing sector contracts for fourth month in a row – PMI

Manufacturing sector contracts for fourth month in a row – PMI Factory activity shrank for the fourth successive month in September and is stuck around levels posted in July and August as a global manufacturing slowdown and Brexit uncertainty weigh on demand. The AIB IHS Markit manufacturing Purchasing Managers’ Index (PMI) stood at 48.7 in […]

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UK manufacturing output hits seven year low amid Brexit uncertainty

UK manufacturing output hits seven year low amid Brexit uncertainty UK manufacturing output tumbled at the fastest rate in seven years in August, as Brexit uncertainty and the global economic slowdown hit demand. The IHS Markit/CIPS UK manufacturing purchasing managers’ index (PMI) fell to 47.4 in August, down from a reading of 48 in July. […]

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UK manufacturing output hits seven year low amid Brexit uncertainty

UK manufacturing output hits seven year low amid Brexit uncertainty UK manufacturing output tumbled at the fastest rate in seven years in August, as Brexit uncertainty and the global economic slowdown hit demand. The IHS Markit/CIPS UK manufacturing purchasing managers’ index (PMI) fell to 47.4 in August, down from a reading of 48 in July. […]

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Manufacturing production down 9% in June – CSO

Manufacturing production down 9% in June – CSO Production in the manufacturing industry dropped by 9% in June compared to May 2019, according to the latest Central Statistics Office data. Annually, production for June was down 2.1% when compared with the same month last year. Seasonally adjusted volume of industrial production for the three months […]

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Manufacturing production down 9% in June – CSO

Manufacturing production down 9% in June – CSO Production in the manufacturing industry dropped by 9% in June compared to May 2019, according to the latest Central Statistics Office data. Annually, production for June was down 2.1% when compared with the same month last year. Seasonally adjusted volume of industrial production for the three months […]

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April manufacturing growth slowest since aftermath of Brexit vote – PMI

The country’s manufacturing sector grew in April at the slowest rate since the aftermath of Britain’s vote to leave the EU, a survey showed today. This comes as new orders expanded more moderately in a Brexit-related record month for stocks of finished goods. The economy has weathered the uncertainty created by the June 2016 vote. […]

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Manufacturing growth holds steady as Brexit boosts inventories – PMI

Manufacturing growth holds steady as Brexit boosts inventories – PMI Manufacturing activity grew at an almost identical rate in March compared to a month earlier, as further stockpiling ahead of Brexit mostly offset a dip in the level of output growth, a new survey shows. AIB’s manufacturing purchasing managers’ index stood at 53.9 in March, […]

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