Ireland Industry


Ireland: Industrial production rebounds in December

February 8, 2013

In December, industrial production rose a seasonally and working-day adjusted 1.6% over the same month the year before. The figure contrasted the 5.0% decrease observed in November (previously reported: -6.2% year-on-year). According to the Central Statistics Office Ireland (CSO), the reading mainly reflected an expansion in the so-called "modern" sector, which comprises a number of high technology and chemical industries.

On a monthly basis, industrial production rose 8.5% over the previous month in seasonally adjusted terms, which was well above the 0.2% increase tallied in November. In the full year 2012, industrial production declined 1.5%, below the flat growth rate registered in 2011.


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Ireland Industry Chart

Ireland Industry December 2012

Note: Year-on-year and annual average variation in %.
Source: Central Statistics Office Ireland (CSO) and FocusEconomics calculations.

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