Activity in the Irish services sector rose sharply in December, marking more than three years of unbroken growth, but at a slower pace than the previous month, a new survey shows.
Investec and Markit Economics purchasing managers' index (PMI), which tracks businesses from banks to hotels and restaurants, slipped to 61.8 last month from a nine-year high of 63.6 in November and 62.6 a year ago. But it remained well above the 50 level that separates expansion from contraction.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team