The AIB Ireland Services PMI dropped to 53.1 in September 2019 from 54.6 in the previous month, the weakest since May of 2013. It was the fourth straight slowdown in the sector, as new orders increased at the weakest rate in 76 months, with export sales falling for the second time in the past three months amid reports from some firms of Brexit uncertainty negatively affecting orders from the UK. Meanwhile, job creation was little changed from August's 75-month low. On the price front, input cost inflation edged higher while output cost rose the most in four months. Looking ahead, business confidence was the lowest in almost eight years, as Brexit uncertainty weighed on sentiment. 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 55.20 in 12 months time. In the long-term, the Ireland Services PMI is projected to trend around 56.50 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 1.00 -4.00 50.00 -24.00 percent [+]
Manufacturing PMI 48.70 48.60 59.10 48.20 [+]
Services PMI 53.10 54.60 64.00 48.30 Index Points [+]
Industrial Production -6.30 -0.30 60.00 -19.10 percent [+]
Industrial Production Mom 1.10 1.70 32.90 -24.00 percent [+]
Manufacturing Production -7.20 -1.50 85.90 -20.00 percent [+]
Changes in Inventories -893.00 1403.00 3579.00 -915.00 EUR Million [+]
Car Registrations 4104.00 7202.00 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 75.12 75.68 75.96 4.74 Points [+]
Competitiveness Rank 24.00 23.00 29.00 22.00 [+]
Ease of Doing Business 23.00 17.00 23.00 7.00 [+]
Electricity Production 2156.00 2316.00 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
53.10 54.60 64.00 48.30 2011 - 2019 Index Points Monthly




Country Last Previous
Australia 51.50 Sep/19
Brazil 51.80 Sep/19
China 51.30 Sep/19
Euro Area 51.60 Sep/19
France 51.10 Sep/19
Germany 51.40 Sep/19
India 48.70 Sep/19
Italy 51.40 Sep/19
Japan 52.80 Sep/19
Russia 53.60 Sep/19
Spain 53.30 Sep/19
United Kingdom 49.50 Sep/19
United States 50.90 Sep/19


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