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David McNamara, AIB's new Group Chief Economist

AIB appoints McNamara as new Group Chief Economist

AIB has appointed David McNamara as the bank's Group Chief Economist, succeeding Oliver Mangan who is to retire after a long career at the bank.

Business • 24 Oct 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

The AIB S&P Global manufacturing Purchasing Managers' Index fell to 47.5 from 48.6 in April

Manufacturing activity dips at fastest pace in 3 years

Manufacturing activity shrank at its fastest pace in three years in May on sharp falls in output and new orders that reflected contractions in its global peers' markets, a survey showed today.

Business • 01 Jun 23

The AIB S&P Global manufacturing Purchasing Managers' Index fell slightly to 59.1 in April from 59.4 in March

Employment boost keeps manufacturing growth booming

Rapid manufacturing growth continued at a similar level in April compared to a month earlier as the strongest boost to employment in almost a year mostly offset a slight slowdown in new orders and output growth, a survey showed today.

Business • 03 May 22

Around 88% of manufacturers reported higher input prices in the latest AIB PMI index for manufacturing

Record inflation in the manufacturing sector - AIB PMI

The Irish manufacturing sector is having to contend with record inflationary pressure as both input and output prices increased at the fastest pace in a quarter of a century.

Business • 01 Apr 22

The AIB IHS Markit Purchasing Managers' Index inched down to 63.4 from 63.7 last month and from a two-decade peak of 66.6 in July

Services sector prices, backlogs hit 21-year highs

Growth in the services sector eased slightly in October from the previous month but remained near historic highs as the Covid-19 recovery pushed growth in prices and work backlogs to their highest levels in 21 years.

Business • 03 Nov 21

AIB's manufacturing Purchasing Managers' Index dropped to 51.8 from 57.2 in December

Manufacturing sector growth slows on Brexit, Covid-19

The pace of growth in the manufacturing sector slowed sharply to a three-month low in January as Britain's exit from the European Union's trading orbit combined with Covid-19 restrictions hit output and new orders.

Business • 01 Feb 21

AIB's manufacturing index rose to stand at 51 from 39.2 in May, back above the 50 mark denoting growth

Manufacturing bounces back to pre-pandemic growth rate

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.

Business • 01 Jul 20

he AIB IHS Markit Purchasing Managers' Index for services slipped to 54.6 in August from 55 in July

Gradual slowdown in services growth continues in August

The country's services sector last month grew at its slowest rate since January, a survey showed today, as the impact of rising uncertainty around Brexit was evident across a number of areas.

Business • 04 Sep 19

AIB's Services Purchasing Managers' Index rose to 57 in May from 54.7 in April

Service sector activity rebounds in May - PMI

The country's services sector expanded sharply in May, easing fears that business activity could moderate amid a global slowdown, a survey showed today.

Business • 06 Jun 19

The AIB services purchasing managers' index slipped to 54.7 in April from 55.3 in March

Services growth slows in April as Brexit hits sales

Growth in the country's services sector slowed in April, adding to signs that the economy began the second quarter at a more moderate pace amid the global slowdown.

Business • 03 May 19

The AIB manufacturing purchasing managers' index slipped to 52.5 in April from 53.9 in March

Manufacturing growth slowest since aftermath of Brexit

The country's manufacturing sector grew in April at the slowest rate since the aftermath of Britain's vote to leave the EU, a survey showed today.

Business • 01 May 19

AIB's manufacturing purchasing managers' index stood at 53.9 in March

Steady manufacturing growth as Brexit ups inventories

Manufacturing activity grew at an almost identical rate in March compared to a month earlier, as further stockpiling ahead of Brexit mostly offset a dip in the level of output growth, a new survey shows today.

Business • 01 Apr 19

AIB's Services PMI slipped to 54.2 from 56.3 in December, well above the 50 mark that separates growth from contraction

Service sector growth drops towards 6 year low - PMI

The country's services sector grew at its slowest pace in almost six years in January, a survey showed today.

Business • 05 Feb 19

The AIB manufacturing purchasing managers' index slipped to 52.6 in January from 54.5 in December

Manufacturing growth hits lowest level in 2 years - PMI

Manufacturing growth slowed to its lowest level in over two years in January in one of the first signs that Brexit and a loss of momentum globally may start to hurt the booming economy, a new survey showed today.

Business • 01 Feb 19

Oliver Mangan