Activity in the tourism and leisure sector contracted in July
The transport, tourism, and leisure sector was the only services sector that did not see an increase in employment during July.
Business activity in the Irish services sector continued to grow during July despite the transport, tourism, and leisure sector experiencing a contraction, with higher input costs and a “sharper decline” in staffing being reported by firms.
According to the latest AIB Purchasing Managers’ Index (PMI), the services sector grew last month but at a slower rate. The PMI stood at 53.6 in July — down from 54.2 in June, which signalled the slowest increase in Irish service sector activity for three months.



