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Financial News: Ireland Industrial Output Falls Most In 5 Months

Ireland Industrial Output Falls Most In 5 Months

06/08/2020 - 06:23:00 (RTTNews)

(RTTNews) - Ireland industrial production decreased at the fastest pace in five months in April, data from the Central Statistics Office showed on Monday.

Industrial output decreased 7.6 percent on a monthly basis, in contrast to a 16.4 percent rise in March. This was the biggest decrease since November 2019, when output was down 11.4 percent.

Year-on-year, industrial production growth eased to 5.9 percent from 24.9 percent in March.

Industrial turnover decreased 9 percent from March and fell 6.1 percent from the same period last year.

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