Irish factories’ production levels increase 4% for April

PRODUCTION levels in Irish factories rose by 4% on a year-on-year basis during April, according to latest figures published by the Central Statistics Office (CSO).

According to the data, published yesterday, the most significant annualised production increases were evident in the areas of pharmaceutical products and beverages, which showed output increases of 11.3% and 9.9% respectively. The so-called ‘modern’ sector — which comprises a number of high-technology and chemical sectors — showed an annualised production increase of 2.6% in April, while the ‘traditional’ sector was up 1.4% year-on-year.

These latter figures compare to annual declines of 7.4% and 1.1% for the respective sectors in the March figures.