Production in Irishfactories increased marginally in February,after falling in the previous three months. New orders received by manufacturers increased during the month, ending a three-month sequence of reduction.
The report’s author Markit economist Andrew Harker said: “After falling in the previous three months, Irish manufacturing output increased marginally during February as a broadly similar proportion of respondents posted a rise in production.”
“New orders were stable in February, ending a three-month sequence of reduction,” he said.
The cost of raw materials continued to rise and was not helped by the weaker euro.