Industrial production in Ireland surged 24.3 percent year-on-year in August of 2021, following a downwardly revised 15.4 percent rise in the previous month, the most since May. Manufacturing production advanced 26.1 percent, accelerating from a 16 percent growth in July. Output also increased for rubber & plastic products (43.2 percent); wood and wood products, except furniture (28.2 percent); transportable goods industries (26.1 percent) and food products (6.8 percent). On a monthly basis, industrial output declined 2.8 percent, after a 6.9 percent gain in July. source: Central Statistics Office Ireland
Industrial Production in Ireland averaged 7.35 percent from 1981 until 2021, reaching an all time high of 60 percent in February of 2015 and a record low of -18.90 percent in August of 2016. This page provides the latest reported value for - Ireland Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Industrial Production in Ireland is expected to be -12.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Industrial Production is projected to trend around 6.50 percent in 2022 and 3.40 percent in 2023, according to our econometric models.