Services growth slowest since early 2014
July figure shows slowdown in new business last month
A survey which tracks the health of the Irish economy's service sector fell to its lowest level since February 2014 last month.
The Investec services purchasing managers' index, compiled by Markit economics, fell to 59.5 from 61.2 in June. Any figure above 50 signals growth, so the July figure signals a slowdown in recent strong growth in the sector.
The new business part of the index dropped to 60.8 from 61.9 in June.The input prices figure – which measures...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Analysis: Financial and political hurdles could block European Super League
The clubs behind the controversial project face more than a moral backlash — competing commercial interests and the reality of market needs make this more of an uphill battle for those involved than it initially appears
Emer McLysaght: Dazed and confused in a new age of A&E
Our columnist takes a rather thrilling trip to hospital for a headache that just won’t go away
Nadine O’Regan: Will the pandemic finally deliver a revolution in comfort dressing?
Feminism has spent decades telling us to ditch the bra and six-inch heels. But is it possible that change is coming at last?
Brian Keegan: A solidarity tax would be a step backwards
A move to tax those who’ve done well financially during the pandemic has been mooted, but there are good reasons not to touch it
