The AIB Ireland Manufacturing PMI fell to a four-month low of 62.8 in August 2021 from 63.3 a month earlier and May's all-time high of 64.1. Rates of growth in output, new orders, exports, and purchasing all slowed but remained among the highest ever recorded. At the same time, backlogs increased at a record pace, in a further sign that supply bottlenecks had constrained output. Moreover, stocks of unused inputs were accumulated at a record rate as firms reported shortages of key components. Suppliers' delivery times continued to lengthen to a near-record degree. On the cost side, input price inflation eased further from June's near-record high to a six-month low, but was still among the strongest ever recorded. Output prices rose at the third-fastest pace on record, behind only those registered in June and July. Finally, sentiment remained strongly positive, despite easing since July. source: Markit Economics
Manufacturing PMI in Ireland averaged 53.48 points from 2011 until 2021, reaching an all time high of 64.10 points in May of 2021 and a record low of 36 points in April of 2020. This page provides the latest reported value for - Ireland Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Manufacturing PMI in Ireland is expected to be 60.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Manufacturing PMI is projected to trend around 53.80 points in 2022 and 53.60 points in 2023, according to our econometric models.