Businesses warned of possible export slowdown

BUSINESS conditions for Irish manufacturers improved for the 13th month in a row in September.

But the monthly Purchasing Managers Index, which was published by NCB Stockbrokers yesterday, suggested businesses should not get too complacent in light of economic indicators that were less positive than they had been.

The index registered 52.6, which was comfortably ahead of the 50.0 mark that represents the difference between positive and negative territory but behind the 54.7 recorded in August. It was the second month in a row that the reading had deteriorated.