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.