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