Ireland skyline

Ireland Industrial production July 2023

Ireland: Industrial activity dips in July

Industrial output collapsed 6.6% month-on-month in seasonally-adjusted terms in July (June: +11.7% mom). The notable weakening was partly driven by a deterioration in production in the modern sector, which includes the chemicals, pharmaceuticals, computer and electronics industries; these industries are typically volatile due to the strong presence of multinational firms. In contrast, traditional sector output rebounded.

On an annual basis, overall industrial production fell 4.0% in July (June: +1.0% yoy). Accordingly, annual average industrial production growth fell to 11.6% in July (June: +11.7%), signaling a worsening trend in the industrial sector.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest