Industrial output recovers slightly

Industrial production and turnover for October has recovered marginally after a large drop off in output in September.

The Central Statistics Office has reported that there was a 3.1% increase in industrial production between September and October. In September the output had fallen by nearly 14% due mainly to a huge decline in activity in the pharmaceutical sector.

Despite the month-on-month increase in industrial output when compared to October last year the index is down nearly 18%.