FOREX TradingCharts.com

Financial News: Ireland Services Growth Slows In October

Ireland Services Growth Slows In October

11/03/2021 - 08:37:00 (RTTNews)

(RTTNews) - Ireland's service sector growth eased in October, survey data from IHS Markit showed on Wednesday.

The AIB Ireland services Purchasing Managers' Index fell to 63.4 in October from 63.7 in September. Any reading above 50.0 indicates expansion in the sector.

"The index has now been above 60 for six straight months, reflecting the robust pick-up in activity for the sector as pent-up demand continued to be released," Oliver Mangan, AIB chief economist, said.

The volume of incoming new business grew in October and new business from exports rose sharply.

Outstanding workloads accelerated the most over the past twenty-one years in October and workforce increased.

For the next 12 months service providers remained optimistic and overall business expectations softened since July.

Input price inflation rose for the sixth straight month to the highest since November 2000 and charge cost increased to the third-fastest rate on record.

The composite output index, covering manufacturing and services, increased to 62.5 in October from 61.5 in the previous month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Eurozone Inflation Rises To Record High (01 hr(s), 49 min(s), 17 sec(s) ago)
(RTTNews) - Eurozone inflation accelerated more than expected to a record high in November driven ...Full Story»

Powell Warns Omicron Could Slow Labor Market Progress, Intensify Supply-Chain Disruptions (01 hr(s), 55 min(s), 17 sec(s) ago)
(RTTNews) - With the Omicron variant of the coronavirus making headlines, Federal Reserve Chair Je ...Full Story»

Spain Retail Sales Decline At Faster Pace (02 hr(s), 25 min(s), 17 sec(s) ago)
(RTTNews) - Spain retail sales declined at a faster pace in October, the statistical office INE sa ...Full Story»

Finland GDP Growth Slows In Q3 (02 hr(s), 31 min(s), 17 sec(s) ago)
(RTTNews) - Finland's economy grew at a slower pace in the third quarter amid a decline in inv ...Full Story»

Italy Inflation Rises In November (03 hr(s), 26 min(s), 17 sec(s) ago)
(RTTNews) - Italy's consumer price inflation increased in November, preliminary estimates from ...Full Story»

Greece Producer Price Inflation Surges In October (03 hr(s), 32 min(s), 17 sec(s) ago)
(RTTNews) - Greece producer prices surged in October, data from the Hellenic Statistical Authority ...Full Story»

Turkey GDP Growth Moderates In Q3 (03 hr(s), 36 min(s), 17 sec(s) ago)
(RTTNews) - Turkey's economic growth moderated in the third quarter, the Turkish Statistical I ...Full Story»

France Inflation Strongest Since 2008 (03 hr(s), 46 min(s), 17 sec(s) ago)
(RTTNews) - France inflation accelerated to the highest level since 2008 driven by surging energy ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Eurozone Inflation Rises To Record High

11/30/2021 - 08:29 AM (RTTNews)
(RTTNews) - Eurozone inflation accelerated more than expected to a record high in November driven ...Full Story>>

Powell Warns Omicron Could Slow Labor Market Progress, Intensify Supply-Chain Disruptions

11/30/2021 - 08:23 AM (RTTNews)
(RTTNews) - With the Omicron variant of the coronavirus making headlines, Federal Reserve Chair Je ...Full Story>>

Spain Retail Sales Decline At Faster Pace

11/30/2021 - 07:53 AM (RTTNews)
(RTTNews) - Spain retail sales declined at a faster pace in October, the statistical office INE sa ...Full Story>>

Finland GDP Growth Slows In Q3

11/30/2021 - 07:47 AM (RTTNews)
(RTTNews) - Finland's economy grew at a slower pace in the third quarter amid a decline in inv ...Full Story>>

Italy Inflation Rises In November

11/30/2021 - 06:52 AM (RTTNews)
(RTTNews) - Italy's consumer price inflation increased in November, preliminary estimates from ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.