Irish manufacturing production down 4.6% monthly in June

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Production in Irish manufacturing industries was lower in June compared with the previous month, numbers on Friday showed.

Production in Irish manufacturing industries fell 4.6% in June from May according to the Central Statistics Office.

However, over the three month period from April to June, production in manufacturing industries increased 6.2% versus the prior three months.

‘The highly globalised Modern sector, which includes the Chemical, Pharmaceutical, and Computer & Electronic sectors, experienced a decrease of 13.6% in industrial production between April and June 2024, when compared with the same period in 2023. In contrast, the Traditional sector experienced an increase of 11.1% from April to June 2024, compared with the same period in 2023,’ CSO said.

Copyright 2024 Alliance News Ltd. All Rights Reserved.