AIB PMI® survey data indicated a loss of growth momentum in the Irish service sector in June, accompanied by waning inflationary pressures. The expansion in total activity eased since May as new business rose at the slowest rate since January, while input prices increased at the softest rate since February 2021. Charge inflation eased to a seven-month low but remained relatively high. Employment increased at the slowest rate in the current 40-month sequence of job creation, while the 12-month outlook moderated. The Transport, Tourism & Leisure sector remained a weak point.