Latest reading: Industrial output increased 4.9% year on year in calendar-adjusted terms in April, which was above March’s 1.8% increase....
Industrial Production in Ireland
In the year 2024, the industrial production in Ireland was -5.46%, compared to 20.98% in 2014 and -1.50% in 2023. It averaged 10.82% over the last decade. For more industry information, visit our dedicated page.
Ireland Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Ireland from 2020 to 2015.
Source: Macrobond.
Ireland Industry Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 6.1 | 15.4 | 31.1 | 11.2 | -1.5 |
Industrial output contracts at sharpest rate since January in September
Latest reading: Industrial output dived 10.7% in month-on-month seasonally adjusted terms in September, which contrasted August's 3.0% increase. September's result marked the worst reading since January. Looking at the details of the release, the drop was due to a plummet in the modern sector, whose output tends to be volatile due to the presence of multinational-dominated industries, such as chemicals, pharmaceuticals and computers and electronics; in contrast, the traditional sector output gained steam. On an annual basis, overall industrial production dove 5.2% in September, contrasting August’s 12.3% expansion. Meanwhile, the trend improved sizably, with the annual average variation of industrial production coming in at minus 9.3% in September, up from August's minus 11.4% reading.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Irish industry projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Irish industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Irish industry projections.
Want to get access to the full dataset of Irish industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Cyprus: Industrial output growth speeds up in April -
Argentina: Industrial output growth rises in April Latest reading: Industrial output expanded 8.5% compared to the same month of the previous year in April, which was above... -
France: Industrial activity drops at sharpest pace since May 2024 in April Latest reading: Industrial output fell 1.4% in month-on-month seasonally adjusted terms in April, which contrasted March’s 0.1% increase. April’s result... -
Austria: Industrial output growth gains momentum in April Latest reading: Industrial production expanded 2.0% month on month in seasonally adjusted terms in April (March: +0.6% mom s.a.). April’s... -
Bulgaria: Industrial downturn sharpens in April Latest reading: Industrial production nosedived 13.4% year on year in April (March: -9.9% yoy). The figure marked the worst reading... -
Malaysia: Industrial output growth loses pace in April Latest reading: Industrial output increased 2.7% compared to the same month a year earlier in April, which was a deterioration... -
South Africa: Manufacturing activity bounces back in April Latest reading: Manufacturing output rose 1.9% in month on month seasonally adjusted terms in April, which contrasted March’s 2.5% decrease....