Manufacturing sector sees growth slowdown in February
01/03/2006 - 12:11:58The Irish manufacturing sector recorded an improvement in business conditions for the 30th consecutive month in February.
The seasonally-adjusted NCB Purchasing Managers’ Index – an indicator designed to provide a single-figure measure of the economic health of the manufacturing industry – pointed to a moderate rate of expansion of the sector posting 52.4.
However, this was the lowest figure recorded since August 2005, the PMI having fallen in each of the past three months.
