Irish Services Growth Hits 3-1/2-Year High
2025-12-03 01:09
By
Chusnul Chotimah
1 min. read
The AIB Ireland Services PMI rose to 58.5 in November 2025, up from 56.7 in October, and remained above the long-run survey average since 2000 (55.0).
This marked the fastest expansion in the sector since May 2022, as new business growth accelerated for the fourth straight month and reached its strongest level since April 2022.
All four categories recorded sharp increases in new business, led by financial services, while new export orders also rose at a solid pace.
In response to higher demand and anticipated company expansions, firms increased employment, with job creation rising at the fastest pace since March.
On prices, input costs continued to rise, driven by higher wages, increased service and energy costs, insurance rates, and pension expenses.
However, input cost inflation eased to a three-month low, while output price inflation accelerated to a ten-month high.
Finally, sentiment improved, supported by stronger demand, planned business investment, and overall market optimism.