Irish Services: Activity increased at weaker pace in August but new business growth accelerated
Sep 3rd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Services: 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 - - dropped to 52.9 in August, from 55.7. The reading signalled a fifth consecutive rise in business activity at Irish service providers, although the rate of expansion eased to the weakest since May. Where higher activity was recorded, respondents mentioned higher new orders from both domestic and external markets.