AIB's Irish Economy Watch: May 2020 | 22 May 2020
Hello Reader,

 

Irish Economy Watch - May 2020

 

  • Manufacturing PMI falls from 45.1 to 36.0 in April as Covid-19 impact hits....
  • Industrial output dips in March...
  • 88% YoY drop in total number of cars licensed for first time...
  • Mortgage approvals down by 8.6% YoY in March on Covid-19 disruption....
  • Goods exports increase by 38% on a month-on-month basis in March...
  • Gov spending €2.4bn above January profile in April. Talk of €30bn budget deficit this year...
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