The AIB Ireland Services PMI jumped to 57.0 in May 2019 from 54.7 in the previous month, pointing to the strongest pace of expansion in the service sector since November 2018. New orders rose at the fastest pace in five months and employment gained steam. On the price front, input price inflation climbed to a three-month high, driven by higher fuel and staff costs. Looking forward, sentiment towards activity over the coming year was the highest since January, as expectations of stronger future economic conditions boosted confidence. Services PMI in Ireland is reported by Markit Economics.

Services PMI in Ireland is expected to be 55.80 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services PMI in Ireland to stand at 53.80 in 12 months time. In the long-term, the Ireland Services PMI is projected to trend around 54.60 Index Points in 2020, according to our econometric models.

Ireland Services 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 Services PMI

The Investec Services PMI Ireland is based on data compiled from monthly replies to questionnaires sent to around 450 private companies in the Irish private service sector. An index situated above 50.0 indicates activity expansion of the corresponding variable (i.e. new orders, price, employment, etc.); An Index situated below 50.0 indicates a contraction of the activity, whilst an index at the same level as 50.0 indicates that the situation is stable compared with the previous month. This page provides the latest reported value for - Ireland Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Services PMI - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
57.00 54.70 64.00 48.30 2011 - 2019 Index Points Monthly




Country Last Previous
Australia 52.50 May/19
Brazil 47.80 May/19
China 52.70 May/19
Euro Area 52.90 May/19
France 51.50 May/19
Germany 55.40 May/19
India 50.20 May/19
Italy 50.00 May/19
Japan 51.70 May/19
Russia 52.00 May/19
Spain 52.80 May/19
United Kingdom 51.00 May/19
United States 50.90 May/19


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