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Republic of Ireland Manufacturing PMI – September 2015

Growth of manufacturing output slows to 19-month low

Business conditions in the Irish manufacturing sector improved again in September amid marked growth of new business. That said, the rate of expansion in production slowed to a 19-month low. Meanwhile, input prices decreased for the first time in seven months amid falling prices for oil-related products and other raw materials.

The seasonally adjusted Investec Purchasing Managers’ Index® (PMI®) – an indicator designed to provide a single-figure measure of the health of the manufacturing industry – ticked up to 53.8 in September from 53.6 in the previous month. This signalled a solid and slightly greater strengthening of the health of the sector during the month. However, the latest improvement was still weaker than those seen earlier in the year.

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

Sarah McCann-Bartlett
Director General

Tel:  020 7747 8127
Mobile:  07515 574 551