FOREX TradingCharts.com

Financial News: Irish Services Growth Remains Robust In December

Irish Services Growth Remains Robust In December

01/06/2025 - 03:26:00 (RTTNews)

(RTTNews) - Ireland's services sector activity logged a strong footing at the end of 2024 amid sharp growth in new orders, data released by S&P Global showed on Monday.

The AIB Ireland Services Purchasing Managers' Index fell slightly to 57.1 in December from 58.3 in October. However, any reading above 50 suggests expansion in the sector.

Among four sub-sectors, transport, tourism, and leisure segments record faster growth than in November, while the rest of all showed solid but slower rises.

New orders grew at the quickest pace in nine months, which generated another sharp increase in total activity in December. New foreign orders also rose at the fastest rate in over a year and a half, with a notable boost to services exports in business services.

Service providers remained more optimistic about output expectations over the next year amid improving market conditions and new business opportunities.

In line with rising new business and growing confidence, the rate of job creation marked the fastest in four months, which was more evident in technology, media, and telecoms.

On the price front, input price inflation accelerated to a 7-month high amid higher wage costs, and selling price inflation rose from November's recent low.

The composite output index dropped to 52.1 in December from 55.2 in the prior month, indicating a continued but slower expansion in the Irish private sector.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


South Korea Rate Decision On Tap For Tuesday (01 hr(s), 03 min(s), 03 sec(s) ago)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Tuesday and then announc ...Full Story»

Slovenia Business Confidence Improves Slightly (03 hr(s), 28 min(s), 03 sec(s) ago)
(RTTNews) - Pessimism among Slovenian businesses eased modestly in February as the confidence indi ...Full Story»

Cyprus HICP Inflation Slows In January (04 hr(s), 13 min(s), 03 sec(s) ago)
(RTTNews) - Cyprus' inflation based on the EU measure slowed in January after accelerating in ...Full Story»

Two-Year Note Auction Attracts Below Average Demand (05 hr(s), 25 min(s), 03 sec(s) ago)
(RTTNews) - The Treasury Department announced the results of this month's auction of $69 billi ...Full Story»

Belgium Business Confidence Improves Slightly (09 hr(s), 01 min(s), 03 sec(s) ago)
(RTTNews) - Belgium's business confidence rose somewhat in February amid better business condi ...Full Story»

Malta HICP Inflation Remains Stable At 1.8% (09 hr(s), 37 min(s), 03 sec(s) ago)
(RTTNews) - Malta's EU measure of inflation held steady at the start of the year after easing ...Full Story»

Latvian Jobless Rate Rises In Q4 (10 hr(s), 08 min(s), 03 sec(s) ago)
(RTTNews) - Latvia's unemployment rate increased slightly in the final quarter of 2024 after f ...Full Story»

Poland Retail Sales Expand Most In 8 Months (11 hr(s), 20 min(s), 03 sec(s) ago)
(RTTNews) - Poland's retail sales growth accelerated to the highest level in eight months in J ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

South Korea Rate Decision On Tap For Tuesday

02/24/2025 - 17:31 PM (RTTNews)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Tuesday and then announc ...Full Story>>

Slovenia Business Confidence Improves Slightly

02/24/2025 - 15:06 PM (RTTNews)
(RTTNews) - Pessimism among Slovenian businesses eased modestly in February as the confidence indi ...Full Story>>

Cyprus HICP Inflation Slows In January

02/24/2025 - 14:21 PM (RTTNews)
(RTTNews) - Cyprus' inflation based on the EU measure slowed in January after accelerating in ...Full Story>>

Two-Year Note Auction Attracts Below Average Demand

02/24/2025 - 13:09 PM (RTTNews)
(RTTNews) - The Treasury Department announced the results of this month's auction of $69 billi ...Full Story>>

Belgium Business Confidence Improves Slightly

02/24/2025 - 09:33 AM (RTTNews)
(RTTNews) - Belgium's business confidence rose somewhat in February amid better business condi ...Full Story>>

Do not sell my personal information

Copyright © 2025. 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.