Irish Service Sector activity fell at sharpest rate since October 2001 in April while confidence eased to lowest level for over six-and-a-half years
May 6th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish service sector activity providers registered a third successive monthly contraction of business activity in April. Moreover, the rate of decline accelerated and was the sharpest since October 2001. At 45.2, the seasonally adjusted Business Activity Index posted its second-lowest reading in the eight-year survey history after falling for the fourth month running.