The AIB Ireland Manufacturing PMI fell to 50.4 in May 2019 from 52.5 in the previous month, as the end of the Brexit-stockpiling boost dragged the index to its lowest level since the aftermath of the UK's EU referendum in July 2016. Both total and overseas new orders declined during May, with the former at the fastest pace in over six years. “The fall-off in stock building, combined with weaker customer demand, saw the first declines in new orders and manufacturing output since July 2016, post the UK Brexit referendum. As a result, the rate of depletion in backlogs was the fastest since August 2016,” Oliver Mangan, AIB Chief Economist, said. Looking forward, sentiment climbed to the most positive in five months. Manufacturing PMI in Ireland is reported by Markit Economics.

Manufacturing PMI in Ireland is expected to be 50.90 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 54.00 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 50.40 52.50 59.10 48.00 [+]
Services PMI 57.00 54.70 64.00 48.30 Index Points [+]
Industrial Production 7.50 19.00 60.00 -19.10 percent [+]
Industrial Production Mom 3.70 1.60 33.00 -24.00 percent [+]
Manufacturing Production 7.10 19.30 85.90 -20.00 percent [+]
Changes in Inventories -48.00 -246.00 3963.00 -944.00 EUR Million [+]
Car Registrations 9126.00 13794.00 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 2402.00 2413.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.40 52.50 59.10 48.00 2011 - 2019 Monthly
SA




Country Last Previous
Australia 52.70 May/19
Brazil 50.20 May/19
Canada 49.10 May/19
China 50.20 May/19
Euro Area 47.80 Jun/19
France 52.00 Jun/19
Germany 45.40 Jun/19
India 52.70 May/19
Indonesia 51.60 May/19
Italy 49.70 May/19
Japan 49.50 Jun/19
Mexico 50.00 May/19
Netherlands 52.20 May/19
Russia 49.80 May/19
Saudi Arabia 57.30 May/19
Singapore 49.90 May/19
South Africa 45.40 May/19
South Korea 48.40 May/19
Spain 50.10 May/19
Switzerland 48.60 May/19
Turkey 45.30 May/19
United Kingdom 49.40 May/19
United States 50.10 Jun/19


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