Manufacturing sector grows at the slowest rate since March

Manufacturing production is still expanding at a rapid pace, with new orders recording another marked rise
Manufacturing sector grows at the slowest rate since March

Capacity constraints are still very evident in the sector with backlogs of unfinished work continuing to rise sharply. Picture: iStock

Irish manufacturing output grew at its slowest rate since March as manufacturers reported a further build-up in outstanding business.

Output and new orders both rose at the weakest rates in nine months with a further modest rise in exports weighing on total demand. Suppliers' delivery times lengthened markedly and cost pressures remained elevated overall despite some easing of input price inflation during December.

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