Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Irish services growth eases slightly in February, PMI shows
    Finance

    Irish services growth eases slightly in February, PMI shows

    Published by Global Banking & Finance Review®

    Posted on March 5, 2025

    1 min read

    Last updated: January 25, 2026

    Irish services growth eases slightly in February, PMI shows - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:SurveyGDPemployment opportunitiesfinancial serviceseconomic growth

    Quick Summary

    Ireland's services sector growth slowed in February, with PMI at 53.2. Employment rebounded, and input prices rose, driven by wages.

    Ireland's Services Sector Growth Slows in February, PMI Indicates

    DUBLIN (Reuters) - Growth in Ireland's services sector eased slightly in February, with both total activity and new business expanding at the weakest rate for more than a year, a survey showed on Wednesday.

    The AIB Global S&P Purchasing Managers' Index (PMI) fell to 53.2 from 53.4 in January. The index has been above the 50 mark that separates growth from contraction since March 2021 but has slipped since recording a 19-month high of 58.3 in November.

    Despite the subdued growth, employment rebounded, and outstanding business increased. Average input prices increased at the strongest rate since last May, driven mainly by wages.

    All sub-sectors - technology, media & telecoms, financial services, transport, tourism & leisure, and business services - showed growth, with technology, media & telecoms leading the way.

    Confidence in future business activity remained bright, although slightly below the long-run average, the survey's authors added.

    (Reporting by Graham Fahy; Editing by Hugh Lawson)

    Key Takeaways

    • •Ireland's services sector growth slowed in February.
    • •PMI fell to 53.2 from 53.4 in January.
    • •Employment rebounded despite slower growth.
    • •Average input prices increased, driven by wages.
    • •Confidence in future business activity remains high.

    Frequently Asked Questions about Irish services growth eases slightly in February, PMI shows

    1What was the PMI for Ireland's services sector in February?

    The AIB Global S&P Purchasing Managers' Index (PMI) fell to 53.2 in February, down from 53.4 in January.

    2How did employment in Ireland's services sector change?

    Despite the subdued growth, employment rebounded, indicating a positive trend in job creation within the sector.

    3Which sub-sectors showed growth in Ireland's services sector?

    All sub-sectors, including technology, media & telecoms, financial services, transport, tourism & leisure, and business services, showed growth.

    4What drove the increase in average input prices?

    Average input prices increased at the strongest rate since last May, primarily driven by rising wages.

    5What is the outlook for future business activity in Ireland?

    Confidence in future business activity remained bright, although it was slightly below the long-run average according to the survey's authors.

    More from Finance

    Explore more articles in the Finance category

    Image for Rugby-Ford shines as England overwhelm dismal Wales 48-7 to kickstart Six Nations title bid
    Rugby-Ford shines as England overwhelm dismal Wales 48-7 to kickstart Six Nations title bid
    Image for Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Image for Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Image for Farmers report 'catastrophic damage to crops as Storm Marta hits Spain and Portugal
    Farmers report 'catastrophic damage to crops as Storm Marta hits Spain and Portugal
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    View All Finance Posts
    Previous Finance PostTrump touts relentless start to term in speech to Congress, drawing catcalls from Democrats
    Next Finance PostToyota aims for consistent return on equity, finance executive says