The AIB Ireland Manufacturing PMI fell to a five-month low of 60.3 in September 2021 from 62.8 a month earlier and May's all-time high of 64.1. Growth rates for output, new orders, employment and purchasing all remained relatively strong, and backlogs rose at one of the fastest rates on record. That said, all these variables registered slower expansions than in recent months. Stocked inputs rose again, and the rate of growth was the third-highest on record despite slowing since August. This partly reflected the build-up of unused raw materials due to shortages of key components such as semiconductors. Meantime, suppliers' delivery times continued to lengthen markedly. On the cost side, input price inflation rebounded sharply to set a new survey record high while , output price inflation also accelerated to a new series high. Finally, sentiment remained positive and improved slightly since August. source: Markit Economics
Manufacturing PMI in Ireland averaged 53.54 points from 2011 until 2021, reaching an all time high of 64.10 points in May of 2021 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 October of 2021.
Manufacturing PMI in Ireland is expected to be 60.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Manufacturing PMI is projected to trend around 53.80 points in 2022 and 53.60 points in 2023, according to our econometric models.