Improving domestic demand helps offset weaker exports
May is the first full month of data since US president Donald Trump imposed a 10pc tariff on most non-pharmaceutical imports to the US from Ireland and the rest of the euro area. Photo: Getty
The Irish manufacturing sector continued to expand in May, shrugging off the impact of tariffs and the threat of even steeper US levies.
The latest monthly purchasing managers’ index (PMI) for Irish manufacturers recorded a robust increase in output volumes during May, extending the current period of growth to five months.
source