Ireland Industry


Ireland: Industrial production rebounds in November

January 10, 2014

In November, industrial production expanded a seasonally and working-day adjusted 12.8% over the same month of the previous year, which greatly contrasted the 0.8% decrease tallied in October. The increase marked the highest growth since December 2010. According to the Central Statistics Office (CSO), the reading reflects a massive increase in the "modern" sector, which includes chemicals, high-tech and pharmaceuticals.

On a monthly basis, industrial production increased 11.7% over the previous month in seasonally-adjusted terms, which contrasted the 6.3% decrease tallied in October. Meanwhile, annual average growth in industrial production rose from minus 1.6% in October to minus 0.1% in November.

FocusEconomics Consensus Forecast panelists expect industrial production to expand 1.7% in 2014, which is down 0.1 percentage points from last month's forecast. For 2015, the panel sees industrial production rising 2.6%.

Author:, Economist

Sample Report

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


Ireland Industry Chart

Ireland Industry November 2013

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

Ireland Economic News

More news

Search form