FX.co ★ Ireland’s Service Sector Gains Momentum with March PMI Rise

Ireland's economy shows a strong start to spring as the AIB Ireland Services Purchasing Managers' Index (PMI) indicates an uptick, reflecting accelerated growth in the service sector. According to the data updated on April 3, 2025, the PMI climbed to 55.3 in March, up from the previous 53.2 recorded in February.

This increase signifies not only a sustained expansion beyond the neutral 50-mark but also hints at an invigorated economic environment for services, fueled by rising demand and business optimism. The March figure marks a new phase of growth after a rather stable start to the year, showcasing resilience in Ireland's service industries.

With sectors like technology, finance, and tourism likely contributing to this positive development, this indicator suggests that Ireland’s service sector is well-positioned to maintain its momentum in the upcoming months. Analyses underline that such growth could potentially translate into job creation and increased confidence among investors, as the nation capitalizes on this momentum.