Irish manufacturing sector continued to contract in May but pace of decline eased to slowest since October 2008
Jun 2nd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
May PMI data for the Irish manufacturing sector signalled another marked deterioration of operating conditions in the Irish manufacturing sector but the pace of decline eased for the third month in a row to its slowest since October 2008 . Although output, new orders and employment all declined at slower rates, they still fell sharply.