Manufacturing

Manufacturing sector recovers to highest rate since April 2022

AIB’s manufacturing index showed a ‘marked improvement’ for the sector in February

AIB Ireland Manufacturing Index rose to 52.2 this month from 49.5 in January.

Production growth - sparked by improved business conditions - has helped the manufacturing sector achieve its highest improvement for 22 months.

New manufacturing data from AIB has shown that overall business conditions strengthened for the first time since August 2023, with the headline index rising to 52.2 from 49.5 in January.

The headline AIB Manufacturing PMI is a single-figure indicator of performance in the manufacturing sector. Any figure greater than 50.0 indicates an overall improvement ...