Industrial production in Ireland jumped 29.9 percent year-on-year in May of 2021, accelerating from a downwardly revised 28.3 percent rise in the previous month. Manufacturing production grew 31.3 percent, up from a 28.5 percent advance in April. Output rose the most for other wood and wood products, except furniture (103.7 percent); other non-metallic mineral products (85.5 percent); basic metals and fabricated metal products (79.4 percent) and food products (72.2 percent). On a monthly basis, industrial production decreased 4.6 percent, after a 0.1 percent increase in April. source: Central Statistics Office Ireland
Industrial Production in Ireland averaged 7.30 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 July of 2021.
Industrial Production in Ireland is expected to be 1.50 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 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.