Irish manufacturing PMI hit new low in November; Boost to Irish GDP in 2009 will come from falling imports not rising exports
Dec 1st, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish manufacturing PMI (Purchasing Managers' Index) data in November data signalled a further substantial deterioration in operating conditions in the sector. There were series-record contractions in output and new orders, while input prices fell markedly. The boost to Irish GDP in 2009 will come from falling imports not rising exports.