Industry in Ireland
Ireland - Industry
Industrial output bounces back in February
Industrial output grew 2.4% in month-on-month seasonally-adjusted terms in February, which contrasted January's 6.6% decrease. February's rise was partly driven by a notable rebound in modern sector production. In contrast, traditional sector output weakened sharply.
On an annual basis, overall industrial production nosedived 15.4% in February (January: -18.3% yoy). Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 5.5%, down from January's 11.5% reading.
FocusEconomics Consensus Forecast panelists project industrial production to contract 8.5% in 2022, which is down 3.7 percentage points from last month’s forecast, and to grow 4.6% in 2023.
Ireland - Industry Data
|Industrial Production (annual variation in %)||44.3||2.1||-2.5||-4.8||2.9|
5 years of economic forecasts for more than 30 economic indicators.
Ireland Industry Chart
Source: Central Statistics Office Ireland.
|Bond Yield||-0.09||0.27 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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April 21, 2022
Consumer confidence came in at 57.7 in April, down from March's 67.0.
April 7, 2022
Industrial output grew 2.4% in month-on-month seasonally-adjusted terms in February, which contrasted January's 6.6% decrease.
April 5, 2022
The S&P Global Services Purchasing Managers’ Index (PMI) came in at 63.4 in March, up from February's 61.8.
April 1, 2022
The S&P Global Manufacturing Purchasing Managers' Index (PMI) rose to 59.4 in March from February's 57.8.
March 24, 2022
Consumer confidence came in at 67.0 in March, down from February's 77.0.