The AIB Ireland Services PMI dropped to 55.0 in July 2019 from 56.9 for the previous month, pointing to the weakest expansion in three months. New orders grew at the softest pace in three months, as firms commented that Brexit uncertainty weighed on customer demand, with export sales falling for the first time since November 2016 and employment growing at an over 6-year low. On the price front, input cost inflation slowed to a 16-month low. Looking ahead, Brexit uncertainty dragged sentiment to a 3-month low, with just 43% of panellists confident of a rise in business activity from present levels in 12 months' time. Services PMI in Ireland is reported by Markit Economics.

Services PMI in Ireland is expected to be 52.60 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 54.00 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 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 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55.00 56.90 64.00 48.30 2011 - 2019 Index Points Monthly




Country Last Previous
Australia 43.90 Jul/19
Brazil 52.20 Jul/19
China 51.60 Jul/19
Euro Area 53.20 Jul/19
France 52.60 Jul/19
Germany 54.50 Jul/19
India 53.80 Jul/19
Italy 51.70 Jul/19
Japan 51.80 Jul/19
Russia 50.40 Jul/19
Spain 52.90 Jul/19
United Kingdom 51.40 Jul/19
United States 53.00 Jul/19


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