Ireland's manufacturing sector growth picked up slightly in September, outperforming the wider euro zone, but new orders and new export orders contracted for the fourth month in a row, a survey showed on Monday.
New Orders Fall
An initial survey last week showed euro zone-wide manufacturing activity was shrinking in September.
"New orders, including export orders, fell for a fourth consecutive month, a worrying sign reflective of weakening demand in the face of rising price pressures," Oliver Mangan, chief economist, AIB said.
"There was only a marginal decline in output, though, as manufacturers continued to work to clear backlogs and rebuild stocks of finished goods," he said.