The AIB Ireland Services PMI declined to 50.7 in March 2026 from February’s 51.8, marking the softest expansion since last August, as new business growth moderated. New business fell in two sectors, financial services and transport, tourism & leisure, and rose only modestly in business services. Meanwhile, new export business across the service sector as a whole was broadly flat in March. Employment fell for only the third time in the past five years, albeit at a marginal rate. Jobs declined slightly in three sectors, with financial services posting a modest increase. On prices, input cost inflation accelerated to a three-year high, driven mainly by higher fuel, energy, wages, pension contributions, and raw material costs. Supply chain disruption due to the Middle East war also pressured prices. As a result, firms raised their selling prices. Finally, sentiment weakened to its lowest level since October 2020 due to the impact of the war in the Middle East on the global economy. source: S&P Global

Services PMI in Ireland decreased to 50.70 points in March from 51.80 points in February of 2026. Services PMI in Ireland averaged 55.84 points from 2011 until 2026, reaching an all time high of 66.60 points in July of 2021 and a record low of 13.90 points in April of 2020. 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.

Services PMI in Ireland decreased to 50.70 points in March from 51.80 points in February of 2026. Services PMI in Ireland is expected to be 50.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Services PMI is projected to trend around 52.90 points in 2027 and 52.50 points in 2028, according to our econometric models.



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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 is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Irish Services PMI Falls to 7-Month Low
The AIB Ireland Services PMI declined to 50.7 in March 2026 from February’s 51.8, marking the softest expansion since last August, as new business growth moderated. New business fell in two sectors, financial services and transport, tourism & leisure, and rose only modestly in business services. Meanwhile, new export business across the service sector as a whole was broadly flat in March. Employment fell for only the third time in the past five years, albeit at a marginal rate. Jobs declined slightly in three sectors, with financial services posting a modest increase. On prices, input cost inflation accelerated to a three-year high, driven mainly by higher fuel, energy, wages, pension contributions, and raw material costs. Supply chain disruption due to the Middle East war also pressured prices. As a result, firms raised their selling prices. Finally, sentiment weakened to its lowest level since October 2020 due to the impact of the war in the Middle East on the global economy.
2026-04-07
Irish Services Sector Growth Eases to 6-Month Low
The AIB Ireland Services PMI fell to 51.8 in February 2026 from 54.5 in January, marking the softest expansion since August. Financial services (55.4) led the sector growth, followed by business services (51.2) and transport, tourism & leisure (50.2), while technology, media, and telecoms (49.9) contracted slightly. New business growth moderated to a six-month low, with new export orders rising modestly and transport, tourism, and leisure edging lower. Despite softer demand, outstanding work increased for the fourth time in five months, while employment continued to rise, extending nearly five years of sustained job creation. On prices, input costs remained elevated, close to a three-year high, driven by higher wages, pensions, energy, fuel and transport costs. However, output price inflation eased notably from January’s peak, suggesting some margin pressure. Looking ahead, business sentiment improved, driven by new projects and clients, though still below its long-run average.
2026-03-04
Irish Services Sector Growth Slows to 4-Month Low
The AIB Ireland Services PMI declined slightly to 54.5 in January 2026, down from December’s 54.8, marking the softest expansion since September. The moderation in services sector growth came as new business growth slowed to a five-month low. However, new business remained broad-based across sectors, led by business services (56.8), followed by technology, media & telecoms (51.4) and transport, tourism & leisure (50.4). In response to rising new business, firms continued to increase employment at a solid pace, stronger than the long-run survey average. On prices, input cost inflation accelerated to a three-month high and remained above the long-run trend, with transport, tourism & leisure registering the fastest increase. Meanwhile, output price inflation rose to its highest level since May 2024 and was higher than the long-run survey average. Looking ahead, business sentiment remained optimistic, but moderated from December.
2026-02-05