Irish services activity fell last month for first time since December 2010 amidst fragile economic conditions
Jan 5th, 2012 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish services activity fell last month for first time since December 2010 with the seasonally adjusted Business Activity Index -- which is based on a single question asking respondents to report on the actual change in business activity at their companies compared to one month ago - - below the 50.0 no-change mark for the first time in a year in December at 48.4, down from 52.7 in November. Respondents linked the reduction in activity to fragile economic conditions.