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.
Met the why particular 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||32.9||1.8||-2.2|
5 years of economic forecasts for more than 30 economic indicators.
Ireland Industry Chart
Source: Central Statistics Office Ireland.
|Bond Yield||0.15||0.27 %||Apr 22|
|Exchange Rate||1.13||0.65 %||Apr 22|
|Stock Market||6,511||-0.39 %||Apr 18|
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April 4, 2019
The KBC Bank Ireland/ESRI consumer sentiment index recovered some lost ground in March, climbing to 93.1 from 86.5 in February.
April 4, 2019
The highly volatile Irish manufacturing industries production index declined 0.4% in seasonally-adjusted, month-on-month terms, contrasting a 16.3% rise in January.
April 3, 2019
The Irish service sector decelerated slightly in March, reflected by a drop in the Investec service Purchasing Managers’ Index (PMI) to 55.3 in March, down from 55.9 in February.
April 2, 2019
Business conditions in Ireland’s manufacturing sector eased slightly at the end of the first quarter, but nonetheless remained robust.
March 14, 2019
National accounts data published by the Central Statistics Office on 14 March showed that the economy slowed markedly for the second consecutive quarter in Q4 2018.