The AIB Ireland Manufacturing PMI eased slightly to 59.1 in April 2022 from 59.4 in the prior month, but signalling another strong improvement in the sector which was among the highest in the 24-year survey history. New order growth eased, and output expanded for the fourth straight month, despite the rate of increase eased since March but remained much stronger than the long-run survey average. Also, export orders rose the least so far.this year. Meantime, the job of creation accelerated to a tenth-month high and was the fifth-strongest since the survey began in 1998, with backlogs of works rising further. Delivery times continued to lengthen, on raw material, labor shortages, and ongoing COVID-19 related transport problems.Meanwhile, input and output prices slowed from March's peak but was still the third-fastest on record, boosted by energy prices. Finally, business confidence weakened to a 16-month low, amid uncertainty surrounding inflation and the situation in eastern Europe. source: Markit Economics
Manufacturing PMI in Ireland averaged 53.87 points from 2011 until 2022, 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 May of 2022.
Manufacturing PMI in Ireland is expected to be 54.00 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 53.60 points in 2023, according to our econometric models.