Category: manufacturing

Manufacturing bounces back to pre-pandemic growth rate – PMI

The manufacturing sector returned to growth in June after recovering almost all of the sudden deterioration seen following the coronavirus-related shutdown of most of the economy in March, a survey showed today.  The economy here has opened more gradually than much of Europe with large parts of the services sector including hotels, restaurants, hairdressers and […]

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AIB PMI shows manufacturing downturn continues in May due to Covid-19

Irish manufacturing activity suffered a further severe deterioration last month, according to figures published today. The AIB Manufacturing Purchasing Managers’ Index (PMI) for May shows that although many indicators recovered some of the ground lost in April’s collapse, they still signalled rapid falls. The PMI rose from April’s 11-year low of 36.0 to 39.2 in […]

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Manufacturing collapses in April due to Covid-19 – PMI

Manufacturing in Ireland is going through record falls in output and employment, according to a new survey.  The AIB Manufacturing Purchasing Managers Index shows that in April output, new orders, exports and purchasing all fell at the fastest rates ever recorded.  The survey also found that it is taking longer for suppliers to deliver raw materials […]

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Manufacturing posts sharpest ever monthly drop in March

Factory activity here posted its sharpest ever monthly drop in March as the coronavirus pandemic disrupted supply chains and caused a collapse in demand, a survey showed today.  The AIB IHS Markit manufacturing Purchasing Managers’ Index (PMI) fell to 45.1 from February’s 51.2, its worst reading since May 2009. The figure was also well below […]

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Manufacturing expands for second month in a row in February – PMI

Factory activity grew for a second month in a row in February on strong output and orders, a survey showed today. But concerns about coronavirus and a domestic political stalemate tempered expectations for future growth.  A six-year expansion in manufacturing came to an end in June as a slowdown in global trade and uncertainty over […]

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Manufacturing grows for just second time in 8 months – PMI

Manufacturing activity grew for just the second time in eight months in January amid greater certainty around Brexit and signs that a slowdown in euro zone economic activity may be bottoming out. Six years of unbroken manufacturing growth came to an end in June as a slowdown in global trade and uncertainty over Britain’s departure […]

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Mild downturn in manufacturing continues in December

The final AIB PMI survey of Irish manufacturers for 2019 revealed a further deterioration in business conditions in December.  The extent of the downturn remained mild, with new orders and employment only fractionally lower than in November. Exports remained the main drag on total new orders, linked to a weak UK market. Output was cut […]

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Manufacturing sector contracts for fourth month in a row – PMI

Manufacturing sector contracts for fourth month in a row – PMI Factory activity shrank for the fourth successive month in September and is stuck around levels posted in July and August as a global manufacturing slowdown and Brexit uncertainty weigh on demand. The AIB IHS Markit manufacturing Purchasing Managers’ Index (PMI) stood at 48.7 in […]

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UK manufacturing output hits seven year low amid Brexit uncertainty

UK manufacturing output hits seven year low amid Brexit uncertainty UK manufacturing output tumbled at the fastest rate in seven years in August, as Brexit uncertainty and the global economic slowdown hit demand. The IHS Markit/CIPS UK manufacturing purchasing managers’ index (PMI) fell to 47.4 in August, down from a reading of 48 in July. […]

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Manufacturing production down 9% in June – CSO

Manufacturing production down 9% in June – CSO Production in the manufacturing industry dropped by 9% in June compared to May 2019, according to the latest Central Statistics Office data. Annually, production for June was down 2.1% when compared with the same month last year. Seasonally adjusted volume of industrial production for the three months […]

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