Irish Manufacturing PMI Remains Expansionary âšī¸
The AIB Ireland Manufacturing PMI remained above 50 in March 2025, indicating continued manufacturing sector expansion, with solid production and order growth, but tempered by cautious business confidence due to global economic uncertainties.
Moderate economic indicator with mixed signals; potential implications for European market exposure and broader economic sentiment
Irish Consumer Sentiment Tumbles in March đ
Ireland's Consumer Sentiment Index dropped significantly in March 2025, reaching its lowest point since May 2024, reflecting growing economic concerns and potential impacts from potential U.S. tariffs on the European Union.
Potential economic headwinds for European markets, with specific implications for Ireland's economic outlook and consumer confidence
Irish Jobless Rate Up from All-Time Low âšī¸
Ireland's unemployment rate slightly increased to 4% in March 2025, with the number of unemployed people rising by 1,900 month-over-month to 114,800, though the annual rate decreased from 4.3% to 4%.
Minimal economic fluctuation with marginal unemployment changes, unlikely to significantly affect broader market sentiment
Ireland Retail Sales Up 0.7% in February âšī¸
Irish retail sales increased by 0.7% month-on-month in February 2025, with notable growth in pharmaceuticals, medical goods, and department stores, while experiencing declines in motor vehicle sales and hardware sectors.
Limited direct impact on portfolio holdings, with minor positive signals in retail and consumer spending sectors. Minimal relevance to global market positions.