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- Irish factory production falls for second month
Irish factory production falls for second month
Ireland's manufacturing production decreased for the second successive month in August, and at a faster rate than in the previous month, data released by the Central Statistics Office showed Friday.
Production in the Irish manufacturing sector dropped 6.7 percent on an annual basis in August, faster than the 6 percent fall seen in July. In June, output had increased by 8.3 percent.
Seasonally adjusted production decreased 1 percent compared to July, when it contracted by 6.7 percent. In the June quarter, manufacturing production grew 2.5 percent than in the preceding three-month period, data showed.
At the same time, the turnover in the manufacturing sector decreased 2.8 percent in August from a year earlier. Month-on-month, factory sales grew a seasonally adjusted 2.9 percent, data showed.
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