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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IrelandIreland AIB Services PMI fell to 50.7 in March 2026
FMPMonthlyReleased April 2026
Ireland AIB Services PMI fell to 50.7 in March 2026, released April 2026, down 1.1 from February's 51.8 reading. The reading matched the 51.5 consensus. AIB Services PMI has now declined for 5 consecutive months. Over the past 3 months, AIB Services PMI averaged 53.15, vs 56.67 in the prior 3-month window. AIB Services PMI is now the lowest in 6 months.
Latest Release
50.7
Actual
51.5
Consensus
51.8
Previous
Median Absolute Error
±1.95
across last 12 releases
Last Call
Mar 2026
Predicted: 53.28
Actual: 51.8
Error: +1.48
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/JPY | ▲ Direct | +0.63 | FOREX | Bullish USD | → View |
| EUR/USD | ▼ Inverse | −0.28 | FOREX | Bearish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
AIB Services PMI (Ireland) was reported at 50.70 in April 2026. This missed the market consensus of 51.50 by 0.80. The reading fell from the previous value of 51.80. Trailing 12-month context per ETL data through March 2026. Over the past 12 months, the indicator has averaged 53.91, ranging from 50.60 to 58.50 across 8 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 53.70, down from the prior three at 56.23. Volatility over the past year (σ 2.61) is higher than the prior year (σ 0.88). In March readings over the past 3 years, AIB Services PMI has averaged 53.13.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/JPY (Bullish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 1.95.
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
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AIB Services PMI - IE
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About AIB Services PMI — Ireland
DEFINITION
The AIB Services PMI is a widely recognized financial indicator that measures the performance of the services sector in Ireland. It provides valuable insights into the current economic climate and future trends, helping businesses and investors make informed decisions. The index is based on a survey of purchasing managers in the services industry, and a reading above 50 indicates expansion, while a reading below 50 indicates contraction. With its timely and accurate data, the AIB Services PMI is a crucial tool for monitoring the health of the Irish economy.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2026): actual 50.7, consensus 51.5. Prior reading (Feb 2026): 51.8. Before that (Jan 2026): 54.5.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/JPY (Bullish USD, r=0.63) — a useful reference for forex-focused traders.