Industry in Ireland

Ireland Industry | Economic News & Forecasts

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

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-2.2  20.9  32.9  1.8  -2.2  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Ireland Industry Chart


Ireland Industry
Note: Annual variation of industrial production in %.
Source: Central Statistics Office Ireland.

Ireland Facts

ValueChangeDate
Bond Yield0.530.27 %Aug 15
Exchange Rate1.130.65 %Aug 15
Stock Market6,618-0.39 %Aug 15

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form