Irish Tourism Business Declines for Fifth Month Amid Slowing Services Sector Growth - News Summed Up

Irish Tourism Business Declines for Fifth Month Amid Slowing Services Sector Growth


Irish tourism and leisure businesses experienced a fifth consecutive month of declining activity levels in July, according to AIB's purchasing managers' index. Despite the slowdown, businesses continued to increase prices. The transport, tourism and leisure subsector saw the largest decline, with weaker levels of growth across the services sector mainly attributed to a slowdown in new business expansion. Irish tourism and leisure businesses reported a fifth successive monthly decline in activity levels in July, according to AIB's latest purchasing managers' index (PMI) report. Despite the slowdown, businesses continued to increase prices, with cost pressures remaining highest among TTL firms.


Source: The Irish Times August 06, 2025 00:07 UTC



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