Economy

Dublin business activity increases at softest rate this year

Manufacturing sector decreased for the fifth consecutive quarter

The services sector posted an increase in activity. Picture by Fergal Phillips

Business activity in Dublin continued to increase in the third quarter of 2023, but at the softest rate this year, according to the latest PMI survey from S&P Global.

The headline rate stood at 53.5, down from 54.9 in the previous quarter. Any reading over 50 is deemed growth.

On a sectoral basis, both construction and services recorded increases in activity - posting 57.3 and 52.6 respectively - while the manufacturing sector (49.4) decreased for ...