Service sector growth remains solid in October but outlook worsens
The AIB Irish Services PMI for October shows continued growth in the sector, with the headline index rising to 54.3 from 54.1 in September. Activity levels were boosted by rising new business, alongside gains in employment. The rate of growth in the Irish services sector was ahead of the flash Eurozone and UK PMIs at 51.7 and 53.1, respectively; but below the US PMI at 57.9.
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