Ireland, Sweden top EU table for production drop

The largest decreases in industrial production in the EU over the past year were in Ireland and Sweden, according to the latest statistics from Eurostat.

In both countries production fell by 7.7%, while the monthly variation for Ireland in May was 2.7% — the biggest monthly drop since January and the third highest after Lithuania and Romania.

The production indices for total industry, excluding construction, taking 2010 as the base year showed a contraction for Ireland to 95 — the fifth lowest in the EU.