Service sector outlook weakens and costs rise in March, linked to outbreak of war in Middle East
 

The AIB Irish Services PMI for March shows very modest growth in the sector, with the PMI easing to 50.7 from 51.8 in February. Activity levels waned amid a slowdown in new business growth, weaker hiring, and rising costs linked to the war in the Middle East. The rate of growth in the Irish services sector was ahead of the flash Eurozone PMI at 50.1; but behind the UK and US PMIs at 51.2 and 51.1, respectively. 

 
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