FX.co ★ Ireland’s Services Sector Accelerates in June as AIB PMI Climbs to 54.2

Ireland’s services sector gained momentum in June, with the AIB Ireland Services Purchasing Managers’ Index (PMI) rising to 54.2, up from 50.8 in May 2026. The latest reading, updated on 3 July 2026, signals a stronger expansion in business activity after hovering just above the stagnation line a month earlier.

The move from 50.8 to 54.2 suggests a more broad-based improvement in services output, as PMI readings above 50 indicate growth. May’s figure had pointed to only marginal expansion, but June’s data reflect a more solid rebound in activity within Ireland’s services industries.

The June 2026 PMI performance underscores renewed resilience in the sector and could be interpreted as a positive signal for Ireland’s broader economic outlook, given the central role of services in overall growth and employment.