Services sector sees 'robust growth' during March

During March, the services sector PMI had a reading of 55.3 — an increase on the 53.2 recorded during February. Any figure above 50 denotes growth in the sector.

There was a “notable improvement” in the growth of the services economy during March with both new business and total activity increasing at the fastest rates in 2025 so far, the latest AIB Purchasing Managers Index (PMI) shows.

During March, the services sector PMI had a reading of 55.3 — an increase on the 53.2 recorded during February. The PMI is calculated based on questions to firms around the volume of their business activity compared to the month prior.