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Republic of Ireland Manufacturing PMI – June 2020

The June PMI® data from AIB indicated a nascent recovery in Irish manufacturing business conditions as lockdown measures began to be lifted. Output and new orders both increased for the first time since February, with notable growth in exports, and expectations for production improved to a four-month high. That said, the respective indices all remained weak relative to their long-run averages and manufacturers continued to shed staff at a marked – albeit slower – rate.

The headline AIB Ireland Manufacturing PMI® is a composite single-figure indicator of manufacturing performance. It is derived from indicators for new orders, output, employment, suppliers’ delivery times and stocks of purchases. Any figure greater than 50.0 indicates overall
improvement of the sector.

The full Republic of Ireland Manufacturing PMI® Report is attached.

Lorraine MacKinder
Marketing and Membership Administrator
Tel: 020 7747 8121 (direct line)
Mobile: 07394561099