Concerns over international trade cloud recovery in Irish services sector

AIB Services PMI finds growth in the Irish services sector outperformed the Eurozone, UK, and US

Concerns surrounding international trade continue to linger despite a partial recovery in the services sector, the latest AIB Services Purchasing Managers Index (PMI) said.

Concerns surrounding international trade continue to linger despite a partial recovery in the services sector, the latest AIB Services Purchasing Managers Index (PMI) said.

The AIB Irish Services PMI for May indicated an acceleration in growth in the sector, with the index rising to 54.7 from 52.8 in April, driven by stronger new business growth and a recovery in output expectations, albeit outstanding business and employment growth both eased.