Rise of up to 20% in manufacturing output forecast

Production from Ireland’s manufacturing industries is expected to rise by as much as 20% this year, on the back of the strongest monthly growth data for 15 years.

Rise of up to 20% in manufacturing output forecast

Such a strong annual rise would follow on from a 2.1% decline in 2013.

Latest industrial production figures from the CSO, published yesterday, show a near 13% month-by- month rise in July and an almost 20% increase on a year-on-year basis.

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