Irish services sector growth picks up in August

But new business expanded at its weakest pace since February 2014

5th September, 2016
Irish services sector growth picked up in August

Growth in the Irish services sector picked up in August from the two-year low it hit after Britain's vote to leave the EU, a new survey shows, but new business fell to its lowest level in two-and-a-half years.

However, new business fell to its lowest level in two-and-a-half years with the sub-index measuring it declining to 58.1 from 60.8 in July.

"While the improvement in the headline PMI is welcome, we note a further moderation in new...

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