Ireland Industry

Ireland

Ireland: Industrial production growth slows in August but trend continues to improve

October 11, 2010

In August, industrial production dropped a seasonally adjusted 13.6% over the previous month, which contrasted the 3.8% expansion registered in July (previously reported: +3.2% month-on-month). The slowdown over the previous month was mainly the result of weaker manufacturing output, which plunged 16.4%, contrasting the 4.3% increase recorded in July. Within manufacturing, production of pharmaceuticals and electrical equipment slowed markedly over the previous month. On an annual basis, industrial production expanded 9.6% in August, which was down from the 12.8% expansion registered in July (previously reported: +12.1% year-on-year). As a result of the August reading, the trend continues to point upwards, as annual average variation in industrial production turned from minus 1.4% in July to plus 0.6% in August, marking the first positive reading in annual average industrial production since November 2008.


Author:, Head of Data Solutions

Sample Report

Looking for forecasts related to Industry in Ireland? Download a sample report now.

Download




Ireland Economic News

  • Ireland: Services PMI rises to four-month high in May

    June 6, 2018

    The Investec services Purchasing Managers’ Index (PMI) climbed to a four-month high of 59.3 in May, up from 58.4 in April, thanks to a buoyant economic landscape and more favorable weather conditions.

    Read more

  • Ireland: Consumer sentiment improves in May

    June 5, 2018

    The KBC Bank Ireland/ESRI consumer sentiment index climbed to 106.7 points in May, up from 104.0 points in April, recovering two-thirds of the drop in the previous month.

    Read more

  • Ireland: Industrial production records strong expansion in April

    June 5, 2018

    The highly volatile Irish manufacturing industries production index rose 9.2% over the previous month in seasonally-adjusted terms in April, contrasting a 7.4% month-on-month contraction in March.

    Read more

  • Ireland: Manufacturing PMI inches up to 38-month high in May

    June 1, 2018

    The Investec manufacturing Purchasing Managers’ Index (PMI) inched up to 55.4 points in May from 55.3 points in April, reflecting improved business conditions in the manufacturing sector.

    Read more

  • Ireland: Consumer sentiment deteriorates in April

    May 11, 2018

    The KBC Bank Ireland/ESRI consumer sentiment index slid to a five-month low of 104.0 points in April from 108.1 points in March, continuing a “see-saw pattern” of improving confidence in one month followed by weaker confidence in the next month in a rapidly changing and uncertain economic setting due to the threat of a potential trade war, along with Brexit. April’s loss of consumer confidence reflected increased strains on household finances, underpinned by higher energy costs and restrained wage growth.

    Read more

More news

Search form