In September, industrial production contracted a seasonally and working-day adjusted 0.1% over the same month last year, which contrasted the 12.0% increase in August (previously reported: +10.4% year-on-year). The reading reflected a marked deceleration in manufacturing output, which slowed from a 13.3% increase in August to a modest 0.2% rise in September. On a monthly basis, industrial production decreased a seasonally adjusted 3.5% over the previous month, which contrasted the 4.9% increase recorded in August and confirmed the deterioration observed in the annual figures. Moreover, annual average growth in industrial production fell from 5.4% in August to 4.5% in September, which suggests a prolonged deterioration in industrial output in the months ahead.
Industrial production dips in September
November 11, 2011
Looking for forecasts related to Industry in Ireland? Download a sample report now.
Ireland Economic News
October 11, 2016
Industrial production contracted 13.4% from the previous month in seasonally-adjusted terms in August, contrasting the revised 7.9% expansion in July (previously reported: +3.7% month-on-month).
October 10, 2016
In September, the KBC Bank Ireland/ESRI Consumer Sentiment Index dropped from 102.7 points in August to 102.0 points.
October 6, 2016
The Investec Services Purchasing Managers’ Index (PMI) nosedived from 59.7 in August to 56.2 in September, the lowest reading since February 2014.
October 3, 2016
The Investec Manufacturing Purchasing Managers’ Index (PMI) edged down from 51.7 in August to 51.3 in September.
September 21, 2016
The Irish national accounts data continues to be affected by distortions and volatility.