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Financial News: Ireland Industrial Production Rises In January

Ireland Industrial Production Rises In January

03/06/2020 - 06:26:00 (RTTNews)

(RTTNews) - Ireland's manufacturing output rose for the first time in three months in January, figures from the Central Statistics Office showed on Friday.

Manufacturing output rose 5.7 percent month-on-month in January, after a 6.5 percent decrease in December.

Industrial production increased 5.8 percent monthly in January, reversing a 6.0 percent decrease in the previous month.

On an annual basis, manufacturing output rose 0.4 percent in January, after a 3.6 percent increase in the previous month.

Industrial production increased 1.2 percent year-on-year in January, slower than 3.9 percent rise in the previous month.

Data also showed that the industrial turnover rose 16.0 percent monthly and 14.7 percent from a year ago.

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