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
|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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November 8, 2021
Industrial production grew 3.5% month-on-month in seasonally-adjusted terms in September (August: -4.2% mom).
November 3, 2021
The IHS Markit Services Purchasing Managers’ Index (PMI) fell to 63.4 in October from September's 63.7.
November 1, 2021
The IHS Markit Manufacturing Purchasing Managers' Index (PMI) rose to 62.1 in October from September's 60.3.
October 22, 2021
Consumer confidence rose to 86.8 in October from September's 86.4.
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.