Irish services sector PMI fell sharply in January; Intense competition continued to drive down output prices
Feb 3rd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish services sector PMI (Purchasing Managers' Index) fell sharply in January and the 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 - - dipped to 44.4 in the first month of 2010, from 48.3 in December. The no-change level of activity is 50.