The AIB Ireland Manufacturing PMI was at 48.7 in September 2019, little-changed from 48.6 in August. This was the fourth straight month of contraction in factory activity, amid ongoing Brexit uncertainty. Output fell for the third month running, and new orders shrank the most since January 2012, with export sales dropping at the steepest rate since August 2009 on the back of weaker sales to the UK. At the same time, employment was unchanged, the first time in three years that it had failed to rise, while backlogs of works declined for the 13th month. Meantime, input purchases fell for the fifth consecutive month, though the rate of contraction was the weakest since May. On the price front, input price inflation eased to a 38-month low. Concurrently, firms sought to reduce their selling prices for the third straight month in order to remain competitive and stimulate customer orders. Lastly, sentiment sank to the lowest ever reading in over seven years of data collection. Manufacturing PMI in Ireland is reported by Markit Economics.

Manufacturing PMI in Ireland is expected to be 48.90 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Ireland to stand at 53.70 in 12 months time. In the long-term, the Ireland Manufacturing PMI is projected to trend around 54.00 in 2020, according to our econometric models.

Ireland Manufacturing PMI
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Ireland Business Last Previous Highest Lowest Unit
Business Confidence 1.00 -4.00 50.00 -24.00 percent [+]
Manufacturing PMI 48.70 48.60 59.10 48.20 [+]
Services PMI 53.10 54.60 64.00 48.30 Index Points [+]
Industrial Production -6.30 -0.30 60.00 -19.10 percent [+]
Industrial Production Mom 1.10 1.70 32.90 -24.00 percent [+]
Manufacturing Production -7.20 -1.50 85.90 -20.00 percent [+]
Changes in Inventories -893.00 1403.00 3579.00 -915.00 EUR Million [+]
Car Registrations 4104.00 7202.00 32961.00 474.00 [+]
Internet Speed 15614.31 15285.23 16960.56 2269.39 KBps [+]
IP Addresses 1663376.00 1600356.00 1719799.00 775588.00 IP [+]
Competitiveness Index 75.12 75.68 75.96 4.74 Points [+]
Competitiveness Rank 24.00 23.00 29.00 22.00 [+]
Ease of Doing Business 23.00 17.00 23.00 7.00 [+]
Electricity Production 2156.00 2316.00 2820.00 1747.00 Gigawatt-hour [+]
Corruption Index 73.00 74.00 85.70 69.00 Points [+]
Corruption Rank 18.00 19.00 25.00 11.00 [+]


Ireland Manufacturing PMI

The Investec Manufacturing PMI Ireland measures the performance of the manufacturing sector and is derived from a survey of 258 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Ireland Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
48.70 48.60 59.10 48.20 2011 - 2019 Monthly
SA




Country Last Previous
Australia 54.70 Sep/19
Brazil 53.40 Sep/19
Canada 51.00 Sep/19
China 51.40 Sep/19
Euro Area 45.70 Sep/19
France 50.10 Sep/19
Germany 41.70 Sep/19
India 51.40 Sep/19
Indonesia 49.10 Sep/19
Italy 47.80 Sep/19
Japan 48.90 Sep/19
Mexico 49.10 Sep/19
Netherlands 51.60 Sep/19
Russia 46.30 Sep/19
Saudi Arabia 57.30 Sep/19
Singapore 49.50 Sep/19
South Africa 41.60 Sep/19
South Korea 48.00 Sep/19
Spain 47.70 Sep/19
Switzerland 44.60 Sep/19
Turkey 50.00 Sep/19
United Kingdom 48.30 Sep/19
United States 51.10 Sep/19


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