Sunday May 31, 2020

Manufacturing grew at stronger pace in June

Firms receiving higher prices for their products

1st July, 2016
New orders lead manufacturing recovery Pic: Pixabay

A measure of activity in the Irish manufacturing sector has shown that growth quickened in June as new orders rose at a faster pace.

The new orders component of the index recorded 52.8, up from May's 51.4.

Investec cautioned, however, that with the survey having been conducted between June 13 and June 23, its findings do not capture the aftermath of Britain’s EU referendum.

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