DUBLIN (Reuters) – Irish manufacturing growth slowed to a 16-month low in June as new orders contracted in the face of rising prices, a survey showed on Friday. The AIB S&P Global manufacturing Purchasing Managers’ Index (PMI) fell to 53.1 in June from 56.4 in May. That was down from an all-time high of 64.1 in May last year. New orders decreased for the first time since February last year as steep inflationary pressures dampened demand, the survey’s authors said. New export orders contracted at their steepest pace since May 2020. “The marked softening in business conditions in Irish manufactu…