CSO: Industrial production declines by 3.1%

Production in the modern sector fell by 17.9% compared to the corresponding period during the previous year. Picture: Ben Birchall.

Production in manufacturing industries fell by 3.1% in the three month period from March 2022 to May 2022, compared to the previous three months.

Figures released today by the Central Statistics Office (CSO) revealed that, on an annual basis, industrial production was 14.3% lower compared to the corresponding three month period in 2021.