Manufacturing picked up last month after July slump

Manufacturing picked up last month after July slump

Orders index recovers from three-year low in wake of Brexit vote

A measure of the health of manufacturing in Ireland has shown that growth in the sector picked up slightly last month, having slowed in July in the wake of the Brexit referendum in Britain.

The Investec purchasing managers' index (PMI) compiled by Markit Economics, rose to 51.7 in August from 50.2 in July. Any figure above 50 signals growth.

New orders resumed growth, having dropped in July. The orders part...

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