In January, industrial production decreased a seasonally and working-day adjusted 0.5% over the same month last year, which was less than the 3.5% decline tallied in December (previously reported: -4.7% year-on-year) but still represented the third consecutive monthly contraction. According to the Central Statistics Office Ireland (CSO), the reading mainly reflected a decline in the ?traditional? industries, while production in the ?modern? sectors, which includes a number of high technology and chemical industries, increased. On a monthly basis, industrial production increased a seasonally adjusted 0.7% over the previous month, which was below the 2.6% expansion recorded in December. Annual average growth in industrial production fell from 0.2% in December to 0.0% in January.
Industrial production contracts for third straight month in January
March 13, 2012
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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.