Industrial production in Ireland rose 28.8 percent year-on-year in December of 2020, following a downwardly revised 41.6 percent jump in the previous month, which was the biggest since January 2016. Manufacturing production climbed 30.3 percent, easing from a 43.5 percent gain in November. Output rose mainly for other non-metallic mineral products (42.1 percent); wood and wood products, except furniture (36.4 percent); basic metals and fabricated metal products (37.3 percent) and rubber and plastic products (22.1 percent). On a monthly basis, industrial production slid 24.8 percent, down from a 50.7 percent rise in November. source: Central Statistics Office Ireland
Industrial Production in Ireland averaged 7.09 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 February 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.