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The AIB Global S&P Services Purchasing Managers' Index (PMI) fell to 51.5 from 54.7 in May

Service sector growth slows markedly in June, PMI shows

The country's service sector expansion slowed down markedly in June as softer output, hiring activity and a decline in new export orders led to one of the weakest monthly readings in more than four years of unbroken growth, a survey showed today.

Business • 03 Jul

Today's latest PMI reveals notable growth in the Technology, Media & Telecoms, Financial Services, and Business Services categories

Services sector posts robust growth in March, PMI shows

The country's services sector expanded at its fastest pace this year in March, driven by a sharp increase in new business and employment, according to a survey released today.

Business • 03 Apr

AIB's Global S&P Purchasing Managers' Index fell to 53.2 from 53.4 in January

Services growth eases slightly in February, PMI show

Growth in the country's services sector eased slightly in February, with both total activity and new business expanding at the weakest rate for more than a year, a survey showed today.

Business • 05 Mar

The AIB Global S&P Purchasing Managers' Index fell to 53.4 in January from 57.1 in December, slipping below the long-run trend level of 55.1

Services growth slows abruptly in January, PMI shows

The country's services sector grew at its slowest pace in nine months in January as new export business contracted for the first time in six months and employment fell marginally, a survey showed today.

Business • 06 Feb

The AIB Global S&P Purchasing Managers' Index (PMI) slipped to 57.1 in December from 58.3 in November

Services new business growth at 9-month high in December

The services sector activity expanded slightly slower in December but growth in new business hit its fastest pace since March and optimism for the coming 12 months improved, a survey showed today.

Business • 06 Jan

The index rose sharply to 58.3 in November, from 53.8 in October.

Activity in services sector rises as pressures ease

Activity in the services sector last month grew at its fastest pace since April 2023, new data shows.

Business • 04 Dec 24

The 12 month outlook was the weakest since November 2022, the latest AIB Services PMI shows

Growth in service sector continues, but outlook weakens

Growth in the service sector continued in August but the outlook weakened, new data shows.

Business • 04 Sep 24

The transport, tourism and leisure saw its steepest decline in activity since October 2023, the latest AIB Services PMI shows today

Service sector growth moderates, input costs fall sharply

Growth in the country's service sector moderated slightly in June, bringing jobs growth to a near standstill but a sharp drop in input costs offered welcome relief to firms, a survey showed today.

Business • 03 Jul 24

The AIB Global S&P Purchasing Managers' Index (PMI) rose to 54.4 in February from 50.5 in January

Service sector growth picks up in February - PMI survey

The service sector here grew at its fastest pace in five months in February after slowing to a near standstill a month earlier, as firms reported rising levels of new business across all sectors, a survey showed today.

Business • 05 Mar 24

The AIB Global S&P Purchasing Managers' Index (PMI) fell to 52.6 in October from 54.5 in September

Service sector growth slows for sixth month in a row

The rate of expansion in the country's services sector slowed for the sixth month in a row in October with a survey today showing it at the second-weakest level of the current 32-month upturn.

Business • 03 Nov 23

Transport, tourism and leisure registered a third successive decline

Services activity growth has slowed to lowest this year

The growth in activity in the services sector was the slowest since the beginning of the year, according to the latest AIB Ireland Services Purchasing Managers Index.

Business • 04 Oct 23

Higher operating costs continued to be passed on in higher selling prices, the data shows.

Activity in Ireland's service sector continues to grow

Activity in the service sector continued to grow in August, new figures show.

Business • 05 Sep 23

The AIB S&P Global Purchasing Managers' Index for the services industry was almost unchanged in July at 56.7 compared to 56.8 in June

Service growth remains robust, inflation pressures ease

Service sector growth remained robust in July amid a strengthening in business sentiment and a slight easing in still high input and output cost pressures, a survey showed today.

Business • 03 Aug 23

The AIB S&P Global Purchasing Managers' Index (PMI) slipped to 57 in May from 58.4 in April

Services sector growth slows in May - PMI

Growth in the services sector slowed slightly in May but new export business grew at its fastest rate since last summer and business expectations improved, a survey showed today.

Business • 06 Jun 23

Operating expenses continued to rise in the sector during the month, driven by wages

Irish services activity expands rapidly in April

Activity in the services sector here expanded in April, buoyed by a steep increase in new business.

Business • 04 May 23

The main source of weakness was in the transport, tourism and leisure sub-sector which slumped to a 40.2 reading in November

Services sector growth slows in November - PMI

Services growth slowed to a near standstill in November, hurt again by lagging tourism and leisure activity as customers became more cautious due to rising economic uncertainty and high inflation.

Business • 05 Dec 22

The Business Activity Index fell to 54.1, down from 54.7 in August and 56.3 in July, today's PMI shows

Slowest rise in services activity in 19 months - PMI

Activity in the services sector continued to expand in September but at the slowest rate of growth since February 2021, according to the latest AIB Purchasing Managers Index (PMI).

Business • 05 Oct 22

The services sector covers areas as divers as hospitality and tourism to business and financial services

Inflation, recession fears weaken services outlook

Concerns over high inflation and the prospect of recession contributed to a softening in the outlook for the year ahead among firms in the services sector.

Business • 05 Sep 22

The AIB S&P Global Purchasing Managers' Index fell to 60.2 in April from 61.7 in March

Services growth slows for second month in a row - PMI

More than a year of rapid growth in Ireland's services sector moderated slightly for the second successive month in May as selling prices and input costs remained close to record highs, a survey showed today.

Business • 03 Jun 22

The services sector covers areas as diverse as communications, information technology, financial and business services and the tourism and hospitality trade

Record inflation in services sector as outlook darkens

The outlook for the services sector in March, as measured by AIB in its monthly Purchasing Managers' Index, darkened considerably following the Russian invasion of Ukraine and record price inflation across the sector.

Business • 05 Apr 22

The AIB IHS Markit Purchasing Managers' Index moved up to 56.2 in January from 55.4 in December as Covid curbs were dropped

Scrapping of Covid curbs lifts service sector growth

Growth in the country's service sector picked up in January as some firms reported a pick-up in trading conditions and consumer confidence following the lifting of almost all Covid-19 restrictions, a survey found today.

Business • 03 Feb 22

The latest AIB PMI pointed to a marked pick up in growth as pent-up demand was released with the loosening of pandemic restrictions

Growth in services accelerates as restrictions ease

Activity in the services sector expanded at the fastest pace in over five years in May, according to AIB.

Business • 03 Jun 21

The AIB IHS Markit Purchasing Managers' Index (PMI) jumped to 57.7 in April from 54.6 in March

Services growth hits 14-month high in April - PMI

Activity in the services sector accelerated to hit a 14-month high in April as the country began a gradual loosening of Covid-19 restrictions, a survey showed today.

Business • 06 May 21

The AIB IHS Markit Purchasing Managers' Index for services rose to 52.5 from 51.9 in July

Service sector recovers at faster pace in August - PMI

Activity in the services sector grew for the second month in a row in August, and at a slightly faster pace despite repeatedly stalled moves to fully reopen the economy, a survey showed today.

Business • 03 Sep 20

AIB's Services index rose to 39.7 from 23.4 in May, a level consistent with ongoing weak activity in the sector

Irish services sector sees partial recovery in June

There was a partial recovery in the country's services sector in June, according to AIB in its latest purchasing managers index.

Business • 03 Jul 20

AIB services pmi