Industry in Ireland
Ireland - Industry
Industrial output rebounds in September
Industrial production grew 3.5% month-on-month in seasonally-adjusted terms in September (August: -4.2% mom). Looking at the details of the release, modern sector output accelerated in September, and traditional sector output also accelerated.
On an annual basis, overall industrial production rose at a faster rate of 44.6% in September (August: +25.3% yoy), the best result since January 2016. Moreover, the trend improved, with the annual average growth of industrial production coming in at 22.0%, up from August's 17.3% reading.
FocusEconomics Consensus Forecast panelists project industrial production to grow 3.0% in 2022, which is down 0.7 percentage points from last month’s forecast. For 2023, the panel sees industrial production growth of 2.7%.
Ireland - Industry Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 44.3 | 2.1 | -2.5 | -4.8 | 2.9 |
Ireland Industry Chart
Source: Central Statistics Office Ireland.
Ireland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | -0.09 | 0.27 % | Jan 01 |
| Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Ireland: Industrial output rebounds in September
November 8, 2021
Industrial production grew 3.5% month-on-month in seasonally-adjusted terms in September (August: -4.2% mom).
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Ireland: Services PMI moderates in October
November 3, 2021
The IHS Markit Services Purchasing Managers’ Index (PMI) fell to 63.4 in October from September's 63.7.
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Ireland: Manufacturing PMI rises in October
November 1, 2021
The IHS Markit Manufacturing Purchasing Managers' Index (PMI) rose to 62.1 in October from September's 60.3.
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Ireland: Consumer confidence picks up but remains in negative territory in October
October 22, 2021
Consumer confidence rose to 86.8 in October from September's 86.4.
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Ireland: Industrial activity deteriorates in August
October 7, 2021
Industrial production dropped 2.8% in month-on-month seasonally-adjusted terms in August, which contrasted July's 6.9% increase. On an annual basis, overall industrial production rose 24.3% in August, which was notably better than July’s 15.4% expansion.
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