The AIB Irish Manufacturing PMI indicated that the sector gained momentum in May, with the index rising to 55.9 from 54.9 in April. The expansion in May was due to sustained gains in output and new export orders, reflecting a frontloading of demand and stock building due to the Middle East conflict. The Irish manufacturing PMI remains above the flash readings for the Eurozone, US and UK at 51.4, 55.3 and 53.7, respectively.
Join Jane Kavanagh from AIB’s Corporate Treasury desk, alongside John Fahey, Senior Economist, and Pat O’Sullivan, Head of Real Estate Research, for this edition of AIB Market Talk. The discussion explores recent global market developments and what they mean for Ireland’s construction, housing and real estate sectors.
