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Financial News: Ireland Manufacturing Output Rises Sharply In March

Ireland Manufacturing Output Rises Sharply In March

05/06/2020 - 08:46:00 (RTTNews)

(RTTNews) - Ireland's manufacturing output grew at the fastest pace in March, figures from the Central Statistics Office showed on Wednesday.

Manufacturing output rose 16.4 percent month-on-month in March, after a 0.1 percent decrease in February.

Industrial production increased 15.6 percent monthly in March, after a 0.4 percent rise in the previous month.

On an annual basis, manufacturing output grew 23.9 percent in March, following a 0.2 percent rise in the previous month.

Industrial production gained 22.9 percent year-on-year in March, following a 0.3 percent rise in the previous month.

Data also showed that the industrial turnover rose 16.2 percent monthly in March and 21.2 percent from a year ago.

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