The AIB Ireland Services PMI decreased to 55.3 in March 2019 from 55.9 in the previous month. Rates of activity and new order growth eased slightly from February, while exports rose at the weakest pace in 28 months. Meantime, employment grew in March as service providers expanded workforce numbers to fulfill customer demand. On the price front, input cost inflation moderated to a four-month low, despite increases in transport, fuel and staff costs. Looking forward, business sentiment was the lowest in over six-and-a-half years, as Brexit uncertainty weighed on confidence. Services PMI in Ireland is reported by Markit Economics.

Services PMI in Ireland is expected to be 51.80 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 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 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55.30 55.90 64.00 48.30 2011 - 2019 Index Points Monthly




Country Last Previous
Australia 44.80 Mar/19
Brazil 52.70 Mar/19
China 54.40 Mar/19
Euro Area 52.50 Apr/19
France 50.50 Apr/19
Germany 55.60 Apr/19
India 52.00 Mar/19
Italy 53.10 Mar/19
Japan 52.00 Mar/19
Russia 54.40 Mar/19
Spain 56.80 Mar/19
United Kingdom 48.90 Mar/19
United States 52.90 Apr/19


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