irish services sector slips back from postbrexit high
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Irish services sector slips back from post-Brexit high

Arab Today, arab today

Arab Today, arab today Irish services sector slips back from post-Brexit high

A man walks past an artwork by French street
Dublin - Arab Today

Growth in Ireland’s services sector slipped slightly in February but remained close to January’s post-Brexit high and confidence about the future continued to grow, a survey showed on Friday.
Ireland is widely considered the EU economy most at risk from its key trading partner’s decision to quit the bloc, and growth slowed in both the services and manufacturing sectors after the surprise referendum result.
The Investec Services Purchasing Managers’ Index (PMI) slipped to 60.6 in February from the seven-month high of 61.0 in January, as growth in prices charged slowed, but new export business improved.
“While the rate of growth in activity across much of Ireland’s private sector has eased slightly from January, it remains well above the series average,” Investec Ireland chief economist Philip O’Sullivan said.
“Firms remain very optimistic on the outlook for the sector,” he said.
The services sector has not fallen below the 50 mark that separates growth from contraction since June 2012, when Ireland was halfway through a three-year international bailout. The economy has since recovered to be the best performing in the EU.
The new export business sub-index climbed to 58.4 from 56.1, the highest rate since July. The survey showed growth increasing slightly in employment levels but slowing in prices charged and in the amount of outstanding business.
A survey on Wednesday showed growth in Irish manufacturing slowed in February despite exports getting a boost from improved demand in Britain as sharply rising input costs dented profit margins.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

irish services sector slips back from postbrexit high irish services sector slips back from postbrexit high

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

irish services sector slips back from postbrexit high irish services sector slips back from postbrexit high

 



GMT 14:30 2017 Sunday ,22 October

Abe coalition wins resounding victory in Japan vote

GMT 09:44 2017 Tuesday ,17 October

Morocco arrests 11 suspects linked to ISIS

GMT 13:09 2015 Tuesday ,09 June

Slaven Bilic returns to West Ham as manager

GMT 16:04 2017 Saturday ,30 September

Got a yacht? Proposed French tax break makes waves

GMT 13:06 2016 Saturday ,31 December

Syrian passport trade becomes unlikely cash cow

GMT 04:47 2017 Wednesday ,30 August

Mark Zuckerberg welcomes second daughter in Facebook

GMT 00:59 2014 Saturday ,07 June

January 19 - February 17

GMT 10:53 2017 Wednesday ,05 July

AU Summit gives priority to youth empowerment

GMT 17:26 2017 Wednesday ,15 February

Russian jets in ‘unsafe’ encounters with destroyer

GMT 17:53 2017 Wednesday ,25 October

Erdogan: Turkey ready to give Iraq full support

GMT 14:05 2017 Thursday ,23 November

Actor Ahmed Ezz appreciates Hind Sabry

GMT 16:04 2017 Wednesday ,14 June

Sadara expands its suite of specialty chemicals

GMT 01:01 2017 Monday ,06 February

Garcia wraps up dominant win at Dubai Desert Classic

GMT 17:39 2018 Sunday ,09 September

President of Abkhazia, concludes visit to Syria
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday