Manufacturing growth remains ‘steady’

NCB Stockbrokers is forecasting continued “steady and robust” expansion in Ireland’s manufacturing economy.

The upbeat sentiment follows the company’s latest monthly purchasing managers’ index (PMI) for the manufacturing sector recording improved conditions for the 37th consecutive month, in September.

September’s index — which was published yesterday and which measures the monthly economic health of the sector — was up to 54.2, from 54.1 in August.