The AIB Ireland Manufacturing PMI declined to a three-month low of 51.8 in January 2021 from 57.2 a month earlier. The latest reading signaled an improvement in the sector in the past eight months, but the smallest expansion since October last year, as impacted the new lockdown measures and UK trading arrangement. Output and new orders both fell the most since May 2020, reversing the strong growth seen in December. Backlogs of work also declined, underlining the overall weakness of market conditions. Suppliers' delivery times lengthened to the second-greatest degree on record and cost pressures intensified. At the same time, employment increased slightly. On the price front, input prices rose the most since November 2018, while output price inflation hit a 22-month high. Finally, sentiment was strongest since May 2019, due to the positive forecasts to the release of pent-up demand in the second half of 2021 as vaccine roll-outs lessened the economic disruption from coronavirus. source: Markit Economics

Manufacturing PMI in Ireland averaged 53.03 points from 2011 until 2021, reaching an all time high of 59.10 points in December of 2017 and a record low of 36 points in April of 2020. This page provides the latest reported value for - Ireland Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Manufacturing PMI in Ireland is expected to be 51.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Ireland to stand at 52.70 in 12 months time. In the long-term, the Ireland Manufacturing PMI is projected to trend around 53.80 points in 2022, according to our econometric models.

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Ireland Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
51.80 57.20 59.10 36.00 2011 - 2021 points Monthly
SA


News Stream
Ireland Manufacturing PMI Falls to 3-Month Low
The AIB Ireland Manufacturing PMI declined to a three-month low of 51.8 in January 2021 from 57.2 a month earlier. The latest reading signaled an improvement in the sector in the past eight months, but the smallest expansion since October last year, as impacted the new lockdown measures and UK trading arrangement. Output and new orders both fell the most since May 2020, reversing the strong growth seen in December. Backlogs of work also declined, underlining the overall weakness of market conditions. Suppliers' delivery times lengthened to the second-greatest degree on record and cost pressures intensified. At the same time, employment increased slightly. On the price front, input prices rose the most since November 2018, while output price inflation hit a 22-month high. Finally, sentiment was strongest since May 2019, due to the positive forecasts to the release of pent-up demand in the second half of 2021 as vaccine roll-outs lessened the economic disruption from coronavirus.
2021-02-01
Ireland Manufacturing PMI Rises to 5-Month High
The AIB Ireland Manufacturing PMI rose to a five-month high of 57.2 in December 2020 from 52.2 a month earlier. The latest reading signaled a sixth month-on-month improvement in the sector in the past seven months, and took the headline figure to the third-largest on record since the survey began, amid the end of the Brexit transition. New orders and output both rose at the fastest rates since July's post-lockdown bounce, and purchasing accelerated as firms sought to expand inventories to guard against a potential hard Brexit. Suppliers' delivery times lengthened to one of the greatest extents in the survey history. As for prices, shortages of materials and rising demand contributed to another round of input cost inflation, while output prices rose for the third consecutive month and at a rate that remained above the long-run series average. Finally, sentiment eased slightly, reflecting uncertainty surrounding a UK-EU trade deal, but was still the second-highest for ten months.
2021-01-04
Ireland Manufacturing PMI Highest in 3 Months
The AIB Ireland Manufacturing PMI rose to a three-month high of 52.2 in November 2020 from 50.3 a month earlier. The latest reading signaled a fifth month-on-month improvement in the sector in the past six months, and took the headline figure above its long-run trend level of 51.8, amid the end of the Brexit transition and despite a renewed COVID-19 lockdown in the month. Higher new orders contributed to an increase in output following a stable trend in October, while the workforce registered a back-to-back rise for the first time in over a year. Also, buying levels grew for the first time in four months, contributing to a first rise in stocked inputs since October 2019. Meantime, export sales were broadly unchanged. As for prices, input price inflation hit its highest since February 2019, while output prices rose for the second month running, and at the fastest rate since March 2019. Finally, sentiment strengthened, touching its highest since the start of the year.
2020-12-01
Irish Factory Activity Broadly Stable in October
The AIB Ireland Manufacturing PMI edged higher to 50.3 in October 2020 from 50.0 in September, amid a slight rise in employment. Meantime, output was broadly stable after September's renewed fall, while new orders fell for the second month running following a rebound over the summer. Firms cut purchasing activity at a faster rate as they continued to deplete inventories. At the same time, suppliers' delivery times lengthened markedly, despite the reduction in demand for manufacturing inputs. On the price front, input costs rose for the fourth month running, but at the weakest rate in this sequence. Moreover, firms raised their own prices for only the second time in the past eight months. Looking ahead, business sentiment was the weakest since May.
2020-11-02

Ireland Manufacturing PMI
The AIB Ireland Manufacturing PMI Ireland measures the performance of the manufacturing sector and is derived from a survey of 258 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.