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Irish Factory Activity Shrinks the Most in 11 Months
Sentiment Analysis:
Published: 01 Jul 2024 07:17
The AIB Ireland Manufacturing PMI declined to 47.4 in June 2024 from Mayls three-month high of 49.8, pointing to the fourth straight month of contraction in factory activity.
The latest figures also marked the steepest decline in the sector since July 2023 due to weak demand amid sharper contraction in new orders and production.