The IHS Markit Ireland Services PMI inched down to 57.1 in November of 2018 from 57.2 in the previous month. The reading pointed to the weakest pace of expansion in services activity since March, as both new orders and new export orders grew at weakest pace in two years. Additionally, job creation growth eased to a six-month low. On the price front, input cost inflation slowed to a six-month low, driven by higher fuel, material, and staff costs. Meanwhile, output prices increased at a fastest pace in three-year high. Looking ahead, business confidence dipped to a 63-month low, as worries over a potential slowdown in the economy weighed on sentiment. Services PMI in Ireland is reported by Markit Economics.

Services PMI in Ireland is expected to be 55.40 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 54.60 in 12 months time. In the long-term, the Ireland Services PMI is projected to trend around 53.80 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 21.00 26.00 50.00 -24.00 percent [+]
Manufacturing PMI 55.40 54.90 59.10 48.00 [+]
Services PMI 57.10 57.20 64.00 48.30 Index Points [+]
Industrial Production 5.50 7.40 60.00 -19.50 percent [+]
Industrial Production Mom 0.00 2.90 33.50 -24.00 percent [+]
Manufacturing Production 4.90 7.50 85.90 -20.40 percent [+]
Changes in Inventories -246.00 218.00 3963.00 -944.00 EUR Million [+]
Car Registrations 1647.00 2874.00 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 [+]
Mining Production 9.50 265.40 265.40 -99.90 percent [+]
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 2403.00 2233.00 2820.00 1747.00 Gigawatt-hour [+]
Corruption Index 74.00 73.00 85.70 69.00 Points [+]
Corruption Rank 19.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
57.10 57.20 64.00 48.30 2011 - 2018 Index Points Monthly




Country Last Previous
Australia 55.10 Nov/18
Brazil 51.30 Nov/18
China 53.80 Nov/18
Euro Area 51.40 Dec/18
France 49.60 Dec/18
Germany 52.50 Dec/18
India 53.70 Nov/18
Italy 50.30 Nov/18
Japan 52.30 Nov/18
Russia 55.60 Nov/18
Spain 54.00 Nov/18
United Kingdom 50.40 Nov/18
United States 53.40 Dec/18


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