The AIB Ireland Services PMI decreased to 54.7 in April 2019 from 55.3 in the previous month. The latest reading pointed to the weakest expansion in the services sector in three months, as new orders rose at the softest pace in two-and-a-half years reflecting a Brexit impact on sales. Also, the job creation rate eased to a 13-month low. On the price front, input price inflation remained high while output cost inflation slowed to a 52-month low. Finally, business confidence improved, as service providers remained optimistic that business activity will increase amid stronger demand and investments in new products. Services PMI in Ireland is reported by Markit Economics.

Services PMI in Ireland is expected to be 51.80 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services PMI in Ireland to stand at 53.80 in 12 months time. In the long-term, the Ireland Services PMI is projected to trend around 54.60 Index Points in 2020, according to our econometric models.

Ireland Services PMI
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Ireland Business Last Previous Highest Lowest Unit
Business Confidence 1.00 21.00 50.00 -24.00 percent [+]
Manufacturing PMI 52.50 53.90 59.10 48.00 [+]
Services PMI 54.70 55.30 64.00 48.30 Index Points [+]
Industrial Production 18.60 0.90 60.00 -19.30 percent [+]
Industrial Production Mom 1.10 -0.20 33.50 -24.00 percent [+]
Manufacturing Production 19.00 0.50 85.90 -20.20 percent [+]
Changes in Inventories -48.00 -246.00 3963.00 -944.00 EUR Million [+]
Car Registrations 13794.00 14404.00 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 75.68 75.96 75.96 4.74 Points [+]
Competitiveness Rank 23.00 23.00 29.00 22.00 [+]
Ease of Doing Business 23.00 17.00 23.00 7.00 [+]
Electricity Production 2402.00 2413.00 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 Services PMI

The Investec Services PMI Ireland is based on data compiled from monthly replies to questionnaires sent to around 450 private companies in the Irish private service sector. An index situated above 50.0 indicates activity expansion of the corresponding variable (i.e. new orders, price, employment, etc.); An Index situated below 50.0 indicates a contraction of the activity, whilst an index at the same level as 50.0 indicates that the situation is stable compared with the previous month. This page provides the latest reported value for - Ireland Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Services PMI - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.70 55.30 64.00 48.30 2011 - 2019 Index Points Monthly




Country Last Previous
Australia 46.50 Apr/19
Brazil 49.90 Apr/19
China 54.50 Apr/19
Euro Area 52.80 Apr/19
France 50.50 Apr/19
Germany 55.70 Apr/19
India 51.00 Apr/19
Italy 50.40 Apr/19
Japan 51.80 Apr/19
Russia 52.60 Apr/19
Spain 53.10 Apr/19
United Kingdom 50.40 Apr/19
United States 53.00 Apr/19


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