Using data from a survey of 258 industrial enterprises, AIB Ireland Manufacturing PMI Ireland assesses the performance of the manufacturing sector in Ireland. All five indicators were evaluated based on the characteristics: New Orders (30%), Production (25%), Workforce (20%), Provider Delivery Times (15%), and Inventory of Items Purchased (10%), and Stock of Items Purchased (10%), with the Delivery Times index reversed so that it moves in the same direction as the other four indexes. A value above 50 indicates that the manufacturing sector has expanded in comparison to the previous month; a rating below 50 indicates that the manufacturing sector has declined, and a value of 50 implies that nothing has changed.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
