1st Jul 2025 04:15
(Alliance News) - Ireland's manufacturing sector continued to expand in June, supported by greater output and new orders, S&P Global reported Tuesday.
The AIB Ireland manufacturing purchasing managers' index rose to 53.7 in June, up from 52.6 in May.
A reading above the 50.0 neutral mark indicates an overall increase in business activity from the previous month, while a reading below signals a contraction.
The latest reading marked the sixth consecutive month of expansion, hitting the highest level recorded since May 2022.
David McNamara, AIB chief economist, said: "The rise in June was broad-based, with growth in output and new orders, and a sharp rise in employment.
"Output rose strongly in June due to a solid pipeline of new activity in the domestic economy. This was reflected in robust growth in new orders. Nonetheless, some respondents noted weaker UK demand, dragging down export orders, for a third consecutive month."
S&P Global compiles the PMI each month using survey responses from a panel of around 250 manufacturers.
By Elijah Dale, Alliance News reporter
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