Weak growth recorded in services sector in July, says AIB's Purchasing Managers' Index

Growth maintained but at marginal rate

July saw weak growth in the Irish services sector with activity only marginally higher, according to the latest AIB Services Purchasing Managers' Index (PMI) data. Picture: iStock

July saw weak growth in the Irish services sector with activity only marginally higher, according to the latest AIB Services Purchasing Managers' Index (PMI) data.

The seasonally adjusted AIB Ireland Services Business Activity Index fell to 50.9 in July, from 51.5 in June, signalling a marginal rate of expansion and the weakest since January 2024, though growth was maintained.