Fears over the continuing war on Iran contributed to a slowdown in the Irish services sector, with new business activity expanding at its slowest pace in six months, according to the latest Price Managers Index (PMI) released on Tuesday. The AIB Services PMI showed the Irish service sector expanded only slightly in March and inflationary pressures escalated. "The AIB Irish Services PMI for March shows very modest growth in the sector, with the PMI easing to 50.7 from 51.8 in February. "New business rose at its slowest pace in seven months, with new export business growth near stagnant. Three of four services subsectors growth 'modest'Three of the four services subsectors measured - business services, financial services, and technology, media, and telecoms - registered higher business activity in March but the rate of growth was modest.

Source: Irish Examiner April 06, 2026 23:11 UTC