Industrial production in Ireland jumped 41.7 percent year-on-year in November of 2020, rebounding from an upwardly revised 15.3 percent drop in the previous month. It was the first gain in industrial activity since July and the biggest since January 2016. Manufacturing production soared 43.5 percent, also the most since January 2016 and compared to a 16.3 percent fall in October. Output rose mainly for electrical equipment (30.1 percent); other non-metallic mineral products (24.8 percent); wood and wood products, except furniture (16.3 percent); and basic metals and fabricated metal products (6.7 percent). On a monthly basis, industrial production surged 52.9 percent, after three consecutive months of falls. source: Central Statistics Office Ireland
Industrial Production in Ireland averaged 7.05 percent from 1981 until 2020, 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 January of 2021.
Industrial Production in Ireland is expected to be -11.70 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.