Irish manufacturing suffers record falls in output and new orders in April as coronavirus pandemic worsens
The April AIB PMI® survey of Irish manufacturers revealed a deepening downturn in the sector at the start of the second quarter of 2020, as the economic fallout from lockdowns imposed across Europe and the wider world led to a collapse in demand. Output, new orders, exports and purchasing all fell at the fastest rates in the 22-year survey history. Jobs were shed at the joint-fastest rate on record and the 12-month outlook deteriorated further ......
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