Services sector growth sparks kick-start hope for economy

A closely watched survey signalled that Ireland’s services sector is growing at the fastest pace since well before the economy collapsed, boosting hopes that economic growth will gain momentum in 2013. The NCB Purchasing Managers’ Index for the services sector has now been in positive territory for six months. A separate report on industrial production […]

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Ireland alone has positive PMI in eurozone

Research firm Markit Economics said Ireland was the only nation in the eurozone to show growing business activity in September. The Purchasing Managers Index for Ireland came to 53 in September, Markit said. With numbers above 50 indicating growth, even Germany’s economy, the largest in Europe, showed a continuing slowdown. The PMI in Germany came […]

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