Irish manufacturing output expanded in July for the fourteenth consecutive month, credited to strong domestic orders and exports.
Giving a further boost to the country’s economic recovery, the Investec Manufacturing Purchasing Managers’ Index (PMI) increased to 55.4, up slightly from June’s 55.3. Investec Ireland chief economist Philip O’Sullivan said: “Panelists identified the UK as a particular source of higher overseas demand, with sterling strength likely to be a contributory factor here.” “Our view…
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