Industry in Ireland
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
|Industrial Production (annual variation in %)||44.3||2.1||-2.5||-4.8||2.9|
5 years of economic forecasts for more than 30 economic indicators.
Ireland Industry Chart
Source: Central Statistics Office Ireland.
|Bond Yield||-0.09||0.27 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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January 26, 2023
Consumer confidence came in at 55.7 in January, up notably from December's 48.7.
January 17, 2023
Harmonized inflation dropped to 8.2% in December below November’s 9.0%.
January 9, 2023
Industrial output rose 6.4% in month-on-month seasonally-adjusted terms in November, which contrasted October's 8.8% decrease.
January 5, 2023
The AIB Composite Purchasing Managers' Index (PMI) came in at 50.5 in December, up from November's 48.8.
December 8, 2022
Harmonized inflation came in at 9.0% in November, down from October’s 9.4%.