Industrial production in Ireland surged 40.3 percent year-on-year in February of 2021, following a downwardly revised 28.0 percent jump in the previous month. Manufacturing production soared to 42.8 percent, from a downwardly revised 28.9 percent gain in January. Output rose mainly for food products (14.9 percent); rubber and plastic products (7.3 percent); and basic metals and fabricated metal products (4.2 percent). On a monthly basis, industrial production volume went up 4.3 percent, following a downwardly revised 0.4 percent drop in the prior month. source: Central Statistics Office Ireland
Industrial Production in Ireland averaged 7.22 percent from 1981 until 2021, reaching an all time high of 60 percent in February of 2015 and a record low of -19.30 percent in December of 2018. 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 April of 2021.
Industrial Production in Ireland is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Ireland to stand at 1.40 in 12 months time. In the long-term, the Ireland Industrial Production is projected to trend around 3.40 percent in 2022, according to our econometric models.