The AIB Ireland Manufacturing PMI declined to a 9-month low of 58.3 in December 2021 from 59.9. The headline figure has now eased six times in the past seven months since hitting a record high of 64.1 in May, although the latest reading was still indicative of a marked overall improvement in factory growth. In comparison, since the survey's inception in May 1998, the PMI has trended at 52.2. Output and new orders both rose at the weakest rates since March, with a further modest rise in exports weighing on total demand. Meantime, employment continued to grow solidly, with backlogs rising the least in nine months while advancing for the 10th month running. Suppliers' delivery times lengthened markedly, albeit to the weakest degree for a year, amid transportation bottlenecks and the impact of Brexit. On inflation, input prices rose markedly, while selling charges increased g at the third-fastest rate since the series began in 2002. Finally, sentiment hit its best level since July. source: Markit Economics

Manufacturing PMI in Ireland averaged 53.70 points from 2011 until 2021, reaching an all time high of 64.10 points in May of 2021 and a record low of 36 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Manufacturing PMI in Ireland is expected to be 54.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Manufacturing PMI is projected to trend around 53.60 points in 2023, according to our econometric models.

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Ireland Manufacturing PMI


Related Last Previous Unit Reference
Services PMI 55.40 59.30 points Dec/21
Manufacturing PMI 58.30 59.90 points Dec/21

News Stream
Ireland Manufacturing PMI Lowest in 9 Months
The AIB Ireland Manufacturing PMI declined to a 9-month low of 58.3 in December 2021 from 59.9. The headline figure has now eased six times in the past seven months since hitting a record high of 64.1 in May, although the latest reading was still indicative of a marked overall improvement in factory growth. In comparison, since the survey's inception in May 1998, the PMI has trended at 52.2. Output and new orders both rose at the weakest rates since March, with a further modest rise in exports weighing on total demand. Meantime, employment continued to grow solidly, with backlogs rising the least in nine months while advancing for the 10th month running. Suppliers' delivery times lengthened markedly, albeit to the weakest degree for a year, amid transportation bottlenecks and the impact of Brexit. On inflation, input prices rose markedly, while selling charges increased g at the third-fastest rate since the series began in 2002. Finally, sentiment hit its best level since July.
2022-01-03
Ireland Manufacturing PMI Drops to 8-Month Low
The AIB Ireland Manufacturing PMI declined to a 8-month low of 59.9 in November 2021 from October's fifth-highest level on record of 62.1, as growth rates for output, new orders, employment and purchasing all eased since October, but remained strong overall. The latest reading was also still higher than in any previous month since the survey began in May 1998. Meanwhile, foreign demand rose further, albeit at only a modest pace. Backlogs of work continued to rise, but the rate of growth remained below the trend seen from May to September. Meantime, lead times lengthened at a historically marked rate, albeit one that moderated from October's survey record. Regarding prices, input cost inflation eased, but was the second-highest rate since the survey began in 1998, linked to a wide range of raw materials, transport charges, and energy prices. Consequently, output prices increased at a record pace.
2021-12-01
Ireland Manufacturing PMI Rises for 1st Time in 5 Months
The AIB Ireland Manufacturing PMI rose for the first time in five months to 62.1 in October 2021 from September's 6-month low of 60.3. The latest reading also represented the fifth-highest level on record, indicating a continuing strong rate of growth in factory activity. Output growth accelerated, new orders rose for an eighth month running, and employment grew strongly. Meanwhile, backlogs of work rose for the eighth month running, but at the slowest rate since April. Meantime, lead times lengthened the most in any month on record, due to persistent supply delays. Regarding prices, input cost inflation jumped to the highest rate since the survey began in 1998, linked to a wide range of raw materials, transport charges, gas prices, and Brexit. Also, output price inflation rose the most since the series began in 2002. Finally, sentiment remained strong, amid an ongoing recovery in demand, exports, new products, new markets, and less supply chain disruption.
2021-11-01

Ireland Manufacturing PMI
The AIB Ireland 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.