Services sector less upbeat

Optimism amongst Irish services sector firms has dipped despite business activity enjoying a third consecutive month of growth in April.

The technology, media and telecoms (TMT) sector has led the way for the services industry in recent times, according to the NCB Services PMI (purchasing managers’ index).

The latest edition of that index, issued yesterday, shows that firms in the TMT area have seen business increases in eight of the last nine months.