Sharpest fall in production since July as sluggish demand conditions persist
 
 

Business conditions across the Irish manufacturing sector weakened to the greatest extent for three months in October as subdued export demand, customer destocking and lacklustre global economic conditions weighed on sales. Staff hiring stagnated as goods producers became less optimistic about growth prospects for the year ahead. Manufacturers cut their output charges to help stimulate demand and retain market share, but input costs rose slightly as higher oil prices added to operating expenses.


 
 
 
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