The AIB Ireland Manufacturing PMI fell to 48.7 in July 2019 from 49.8 in June. It was the second straight contraction and the lowest print since April 2013 amid a slowdown in global trade and Brexit uncertainties, with total new orders dropping at the fastest rate in over six years. Both domestic and external demand weakened. Export sales declined at the sharpest pace since August 2009 and backlogs increased to a new series record. On the price front, rising raw material prices, particularly for steel, fuelled costs. Looking ahead, optimism regarding future output weakened to a three-year low, amid reports of ongoing Brexit uncertainty. 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 53.70 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 -4.00 1.00 50.00 -24.00 percent [+]
Manufacturing PMI 48.70 49.80 59.10 48.00 [+]
Services PMI 55.00 56.90 64.00 48.30 Index Points [+]
Industrial Production -1.70 7.60 60.00 -19.00 percent [+]
Industrial Production Mom -8.80 3.00 33.00 -24.00 percent [+]
Manufacturing Production -2.10 7.20 85.90 -19.90 percent [+]
Changes in Inventories 840.00 -900.00 3568.00 -900.00 EUR Million [+]
Car Registrations 18741.00 3858.00 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 2316.00 2386.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
48.70 49.80 59.10 48.00 2011 - 2019 Monthly
SA




Country Last Previous
Australia 51.30 Jul/19
Brazil 49.90 Jul/19
Canada 50.20 Jul/19
China 49.90 Jul/19
Euro Area 47.00 Aug/19
France 51.00 Aug/19
Germany 43.60 Aug/19
India 52.50 Jul/19
Indonesia 49.60 Jul/19
Italy 48.50 Jul/19
Japan 49.50 Aug/19
Mexico 49.80 Jul/19
Netherlands 50.70 Jul/19
Russia 49.30 Jul/19
Saudi Arabia 56.60 Jul/19
Singapore 49.80 Jul/19
South Africa 52.10 Jul/19
South Korea 47.30 Jul/19
Spain 48.20 Jul/19
Switzerland 44.70 Jul/19
Turkey 46.70 Jul/19
United Kingdom 48.00 Jul/19
United States 49.90 Aug/19


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