Irish April manufacturing growth slowest since aftermath of Brexit vote: PMI

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Irish April manufacturing growth slowest since aftermath of Brexit vote: PMI
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Irish manufacturing grew in April at the slowest rate since the aftermath of Bri...

FILE PHOTO: Cranes are seen along the skyline in the Irish Financial Services Centre in Dublin, Ireland April 24, 2017. REUTERS/Clodagh Kilcoyne

Ireland’s fast-growing economy has weathered the uncertainty created by the June 2016 vote, with the impact so far mainly limited to a ramping up of pre-production inventories in recent months ahead of the original end of March date for Britain’s departure from the bloc. “The reading of 52.5 is still consistent with solid growth in the sector. Despite falling in April, the Irish manufacturing PMI continues to outperform its Eurozone counterpart, with stood at 47.8 in its first reading in April,” AIB Chief Economist Oliver Mangan said.

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