Irish PMI Rises To 53.9, Fastest Rise In New Orders Since April 2011

Ireland’s July manufacturing PMI number climbed to 53.9, up from 53.1 in June.

irish pmi

Photo: Markit

Key points from Markit:

  • Output rises as new order growth hits 15-month high
  • Stocks of purchases increase for first time since November 2007
  • Second successive fall in input costs

More from Markit:

New orders from abroad increased substantially, with the rate of expansion the sharpest since May 2011. Anecdotal evidence suggested that non-European markets had been a particular source of growth. Total new orders also rose at a faster pace in July, with the latest increase the steepest in 15 months.

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