Ireland's industrial production rose 6.3 percent from a year earlier in May 2019, following an upwardly revised 7.8 percent growth in the previous month. Manufacturing output increased 6.1 percent (vs 7.5 percent in April), boosted by paper and paper products; Printing and reproduction of recorded media (12.8 percent vs 23.0 percent); basic metals and fabricated metal products (9.5 percent vs 22.9 percent); and electrical equipment (35.1 percent vs 16.2 percent). Also, electricity, gas, steam and air conditioning supply grew 16.5 percent, faster than 13.3 percent in April. On a monthly basis, industrial production rose 2.3 percent in May, the fifth consecutive month of expansion. Industrial Production in Ireland averaged 7.36 percent from 1981 until 2019, reaching an all time high of 60 percent in February of 2015 and a record low of -19 percent in January of 2017.

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 2.50 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
2019-04-04 10:00 AM Industrial Production YoY Feb 0.8% -8.8% 2.5%
2019-05-07 10:00 AM Industrial Production YoY Mar 18.6% 0.9% 6.9%
2019-06-05 10:00 AM Industrial Production YoY Apr 7.5% 19% 3.8%
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 6.3% -3.2%
2019-09-05 10:00 AM Industrial Production YoY Jul
2019-10-07 10:00 AM Industrial Production YoY Aug


Ireland Business Last Previous Highest Lowest Unit
Business Confidence -4.00 1.00 50.00 -24.00 percent [+]
Manufacturing PMI 49.80 50.40 59.10 48.00 [+]
Services PMI 56.90 57.00 64.00 48.30 Index Points [+]
Industrial Production 6.30 7.80 60.00 -19.00 percent [+]
Industrial Production Mom 2.30 3.70 33.00 -24.00 percent [+]
Manufacturing Production 6.10 7.50 85.90 -19.90 percent [+]
Changes in Inventories 840.00 -900.00 3568.00 -900.00 EUR Million [+]
Car Registrations 3858.00 9126.00 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 75.68 75.96 75.96 4.74 Points [+]
Competitiveness Rank 23.00 23.00 29.00 22.00 [+]
Ease of Doing Business 23.00 17.00 23.00 7.00 [+]
Electricity Production 2386.00 2415.00 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.30 7.80 60.00 -19.00 1981 - 2019 percent Monthly
SA




Country Last Previous
Argentina -6.90 May/19
Australia 1.20 Mar/19
Brazil 7.10 May/19
Canada 2.14 Apr/19
China 6.30 Jun/19
Euro Area -0.50 May/19
France 4.00 May/19
Germany -3.70 May/19
India 3.10 May/19
Indonesia 7.90 Mar/19
Italy -0.70 May/19
Japan -2.10 May/19
Mexico -3.35 May/19
Netherlands -0.90 May/19
Russia 3.30 Jun/19
Saudi Arabia 2.34 Sep/18
Singapore -2.40 May/19
South Africa 1.00 May/19
South Korea -0.20 May/19
Spain 1.40 May/19
Switzerland 4.30 Mar/19
Turkey -1.30 May/19
United Kingdom 0.90 May/19
United States 1.30 Jun/19


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