Industry in Ireland
Ireland - Industry
Industrial production posts another strong month in May
In May, industrial production climbed to a seasonally- and working-day adjusted 22.4% expansion over the same month last year, which followed the 25.2% increase tallied in April. According to the Central Statistics Office (CSO), the reading reflects significantly higher growth in the “modern” sector, which includes chemicals, high-tech and pharmaceuticals. Meanwhile, output in the “traditional” sector also tallied an important gain.
Industrial production contracted 2.3% over the previous month in seasonally-adjusted terms, which contrasted the 9.4% increase tallied in April. Meanwhile, annual average growth in industrial production increased from 4.5% in April to 6.5% in May.
FocusEconomics Consensus Forecast panelists expect private consumption to expand 1.2% in 2014, which is up 0.1 percentage points from last month’s forecast. For 2015, the panel sees private consumption increasing 1.5%.
Ireland - Industry Data
|Industrial Production (annual variation in %)||-2.2||20.9||44.3||2.1||-2.5|
5 years of economic forecasts for more than 30 economic indicators.
Ireland Industry Chart
Source: Central Statistics Office Ireland.
|Bond Yield||-0.33||0.27 %||Sep 04|
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||5,962||-0.39 %||Sep 04|
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September 5, 2019
The highly volatile Irish manufacturing industries production index rebounded from a revised 9.9% contraction in seasonally-adjusted, month-on-month terms in June (previously reported: -9.0% month-on-month) to a 1.3% expansion in July.
September 4, 2019
Business conditions in the Irish service sector softened slightly in August, reflected by a fall in the AIB service Purchasing Managers’ Index (PMI) to 54.6 from 55.0 in July, marking the worst print since January 2018.
September 2, 2019
Business conditions in the Irish manufacturing sector worsened for the third consecutive month in August and marked the sharpest contraction since April 2013.
August 13, 2019
The KBC Bank Ireland/ESRI consumer sentiment index tumbled in July, dropping to 85.5 points from June’s 90.9 points—the worst reading since November 2014.
August 6, 2019
The highly volatile Irish manufacturing industries production index fell 9.0% in seasonally-adjusted, month-on-month terms in June, contrasting a revised 3.1% rise in May (previously reported: +2.5% month-on-month).