The AIB Ireland Manufacturing PMI edged down to 53.9 in March 2019 from 54.0 in the previous month, as both output and new work rose at softer rates while employment growth accelerated to the strongest since last October. Meanwhile, as a result of ongoing Brexit uncertainty, pre-production inventories among Irish manufacturers increased at the fastest pace in the near 21-year series history for the second month running. On the price front, input price inflation slowed to a 27-month low, while selling prices went up at a slower rate. Finally, business confidence improved to a three-month high, supported by increased sales forecasts, new product launches and hopes of greater overseas demand. Manufacturing PMI in Ireland is reported by Markit Economics.

Manufacturing PMI in Ireland is expected to be 52.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Ireland to stand at 53.60 in 12 months time. In the long-term, the Ireland Manufacturing PMI is projected to trend around 54.00 in 2020, according to our econometric models.

Ireland Manufacturing PMI
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Ireland Business Last Previous Highest Lowest Unit
Business Confidence 1.00 21.00 50.00 -24.00 percent [+]
Manufacturing PMI 53.90 54.00 59.10 48.00 [+]
Services PMI 55.30 55.90 64.00 48.30 Index Points [+]
Industrial Production 0.80 -8.80 60.00 -19.30 percent [+]
Industrial Production Mom 0.10 15.40 33.50 -24.00 percent [+]
Manufacturing Production 0.20 -9.40 85.90 -20.20 percent [+]
Changes in Inventories -48.00 -246.00 3963.00 -944.00 EUR Million [+]
Car Registrations 14404.00 14178.00 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 [+]
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 2617.00 2512.00 2820.00 1747.00 Gigawatt-hour [+]
Corruption Index 73.00 74.00 85.70 69.00 Points [+]
Corruption Rank 18.00 19.00 25.00 11.00 [+]


Ireland Manufacturing PMI

The Investec Manufacturing PMI Ireland measures the performance of the manufacturing sector and is derived from a survey of 258 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. 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 - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
53.90 54.00 59.10 48.00 2011 - 2019 Monthly
SA




Country Last Previous
Australia 51.00 Mar/19
Brazil 52.80 Mar/19
Canada 50.50 Mar/19
China 50.80 Mar/19
Euro Area 47.80 Apr/19
France 49.60 Apr/19
Germany 44.50 Apr/19
India 52.60 Mar/19
Indonesia 51.20 Mar/19
Italy 47.40 Mar/19
Japan 49.50 Apr/19
Mexico 49.80 Mar/19
Netherlands 52.50 Mar/19
Russia 52.80 Mar/19
Saudi Arabia 56.80 Mar/19
Singapore 50.80 Mar/19
South Africa 45.00 Mar/19
South Korea 48.80 Mar/19
Spain 50.90 Mar/19
Switzerland 50.30 Mar/19
Turkey 47.20 Mar/19
United Kingdom 55.10 Mar/19
United States 52.40 Apr/19


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