The PMI registered 58.3 in December, down from 59.9 in November. The headline figure has now eased six times in the past seven months since hitting a record high of 64.1 in May, although the latest figure was still indicative of a marked overall improvement in manufacturing business conditions. In comparison, since the survey’s inception in May 1998 the PMI has trended at 52.2. Over the fourth quarter as a whole, the PMI registered 60.1, down from 62.1 in the third quarter and 62.9 in the second, but still higher than in any previous quarter throughout the survey history.
The full Republic of Ireland Manufacturing PMI® Report is attached.
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