New orders in Irish manufacturing rose at ‘fastest ever rate’ during June
The continued manufacturing boom was offset by ‘severe pressures’ associated with supply chain issues, according to AIB
The continued reopening of sectors of the Irish economy and the gradual easing of restrictions allowed Ireland’s manufacturing industry to rebound strongly during June, according to the latest Purchasing Managers Index (PMI) from AIB.
New orders rose at the fastest rate ever, according to the index, leading to the second strongest expansion in output to date. Growth in backlogs, jobs and purchasing were also close to record levels.
Input price inflation accelerated further...
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