In October, industrial production rose a seasonally and working-day adjusted 12.1% over the same month last year, which was well above the 0.4% increase in September (previously reported: +0.1% year-on-year). The reading reflected a notable acceleration in manufacturing output, which grew 13.4%, up from the 0.7% increase recorded in September. On a monthly basis, industrial production increased a seasonally adjusted 6.6% over the previous month, which contrasted the 3.8% decrease recorded in September and confirmed the acceleration observed in the annual figures. Furthermore, annual average growth in industrial production increased from 4.6% in September to 5.0% in October.
Industrial production rebounds in October
December 9, 2011
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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.