Industry in Ireland

Ireland Industry | Economic News & Forecasts

Ireland - Industry

Industrial output gains steam in November

Industrial output rose 6.4% in month-on-month seasonally-adjusted terms in November, which contrasted October's 8.8% decrease. The notable pickup was partly due to a rebound in modern sector production. In contrast, traditional sector output fell.

On an annual basis, overall industrial production rose 35.3% in November, which was below October’s 57.3% expansion. Meanwhile, the trend improved, with the annual average variation of industrial production coming in at minus 0.2% in November, up from October's minus 5.4%.

FocusEconomics Consensus Forecast panelists project industrial production to grow 2.7% in 2023, which is up 1.3 percentage points from last month’s forecast, and 3.0% in 2024.

Ireland - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)44.3  2.1  -2.5  -4.8  2.9  

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Ireland Industry Chart

Ireland Industry
Note: Annual variation of industrial production in %.
Source: Central Statistics Office Ireland.

Ireland Facts

Value Change Date
Bond Yield-0.090.27 %Jan 01
Exchange Rate1.120.65 %Dec 31

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