Ireland's industrial production shrank 6.3 percent from a year earlier in August 2019, following a revised 0.3 percent contraction in the prior month, due to a sharp decline in manufacturing output (-7.2 percent vs -1.5 percent). Within manufacturing, production fell for rubber & plastic products (-12.4 percent vs -10.9 percent), while increases were seen in basic metals & fabricated metal products (13.8 percent vs 27.0 percent), food products (2.2 percent vs 11.4 percent), transport equipment (5.6 percent vs 0.1 percent) and electrical equipment (3.7 percent vs -5.0 percent). On a monthly basis, industrial production advanced 1.1 percent, after a 1.7 percent surge in July. Industrial Production in Ireland averaged 7.30 percent from 1981 until 2019, reaching an all time high of 60 percent in February of 2015 and a record low of -19.10 percent in January of 2017.

Industrial Production in Ireland is expected to be 9.50 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 3.60 in 12 months time. In the long-term, the Ireland Industrial Production is projected to trend around 3.00 percent in 2020, according to our econometric models.

Ireland Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-05 10:00 AM Industrial Production YoY May 6.3% 7.8% -2.4%
2019-08-06 10:00 AM Industrial Production YoY Jun -1.7% 7.6% -3.2%
2019-09-05 10:00 AM Industrial Production YoY Jul -0.7% -3.3% 2.5%
2019-10-07 10:00 AM Industrial Production YoY Aug -6.3% -0.3% -7.3%
2019-11-05 11:00 AM Industrial Production YoY Sep -6.3% -2%
2019-12-05 11:00 AM Industrial Production YoY Oct


Ireland Business Last Previous Highest Lowest Unit
Business Confidence 1.00 -4.00 50.00 -24.00 percent [+]
Manufacturing PMI 48.70 48.60 59.10 48.20 [+]
Services PMI 53.10 54.60 64.00 48.30 Index Points [+]
Industrial Production -6.30 -0.30 60.00 -19.10 percent [+]
Industrial Production Mom 1.10 1.70 32.90 -24.00 percent [+]
Manufacturing Production -7.20 -1.50 85.90 -20.00 percent [+]
Changes in Inventories -893.00 1403.00 3579.00 -915.00 EUR Million [+]
Car Registrations 4104.00 7202.00 32961.00 474.00 [+]
Internet Speed 15614.31 15285.23 16960.56 2269.39 KBps [+]
IP Addresses 1663376.00 1600356.00 1719799.00 775588.00 IP [+]
Competitiveness Index 75.12 75.68 75.96 4.74 Points [+]
Competitiveness Rank 24.00 23.00 29.00 22.00 [+]
Ease of Doing Business 23.00 17.00 23.00 7.00 [+]
Electricity Production 2175.00 2156.00 2820.00 1747.00 Gigawatt-hour [+]
Corruption Index 73.00 74.00 85.70 69.00 Points [+]
Corruption Rank 18.00 19.00 25.00 11.00 [+]


Ireland Industrial Production

In Ireland, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and its biggest segments are: Basic pharmaceutical products and preparations (37 percent of total production); food products (18 percent); chemicals and chemical products (15 percent); computer,electronic,optical and electrical equipment (11 percent); other manufacturing, repair and installation of machinery and equipment (7 percent); and basic metals and fabricated metal products,machinery and equipment (5 percent). 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-6.30 -0.30 60.00 -19.10 1981 - 2019 percent Monthly
SA




Country Last Previous
Argentina -6.40 Aug/19
Australia 1.90 Jun/19
Brazil -2.30 Aug/19
Canada -1.12 Jul/19
China 5.80 Sep/19
Euro Area -2.80 Aug/19
France -1.40 Aug/19
Germany -4.00 Aug/19
India -1.10 Aug/19
Indonesia 14.70 Aug/19
Italy -1.80 Aug/19
Japan -4.70 Aug/19
Mexico -1.30 Aug/19
Netherlands -0.60 Aug/19
Russia 3.00 Sep/19
Saudi Arabia 1.40 Dec/18
Singapore -8.00 Aug/19
South Africa -1.80 Aug/19
South Korea -2.90 Aug/19
Spain 1.70 Aug/19
Switzerland 4.80 Jun/19
Turkey -3.60 Aug/19
United Kingdom -1.80 Aug/19
United States -0.10 Sep/19


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