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Financial News: Ireland's Manufacturing Output Falls For Second Month

Ireland's Manufacturing Output Falls For Second Month

05/11/2018 - 07:04:00 (RTTNews)

(RTTNews) - Ireland's manufacturing output declined for the second straight month in March, the Central Statistics Office reported Friday.

Manufacturing output slid 7.3 percent on a monthly basis in March, smaller than the 9.9 percent decrease in February.

On a yearly basis, manufacturing output declined at a faster pace of 9.9 percent after easing 0.2 percent a month ago.

At the same time, turnover decreased 9.1 percent on month and declined 6.6 percent year-on-year in March.

In the first quarter, manufacturing output plunged 7.8 percent and turnover fell 3.4 percent.

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