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New orders return to growth in February
The AIB Irish Construction PMI survey for February showed that the sector remained in contractionary territory. The headline index printed at 48.7 last month. However, this was a slight improvement on the January reading of 48.2, which implies that the pace of decline in activity eased slightly in February. Assessing activity levels from a sectoral perspective, residential was the best performing of the three sub sectors. Commercial activity returned to...
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