NCB index shows mixed news

There was mixed news today in the latest NCB Purchasing Managers’ Index, a barometer for measuring activity in the services sector.

Tue, 05 Jul, 2011 - 17:01

There was mixed news today in the latest NCB Purchasing Managers’ Index, a barometer for measuring activity in the services sector.

It shows that export orders increased last month but that employment fell and that companies had to cut prices because of poor domestic demand.

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<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

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