Multinational exports drove 7.8% November rise in industrial output

The 36.6% year-on-year output growth was boosted by a sharp rise in sectors such as pharma, electronics, and medical devices

An X-Press Feeders ship carrying containers between Cork and Bilbao and Gijon in Spain. 

Industrial production rose in November helped by exports of factories owned by multinationals, official figures show. The figures suggest that fears of recessions in key markets hadn’t hit demand for Irish manufacturers by late last year.

The Central Statistics Office said output rose by 7.8% in November from October, and increased sharply by 36.6% from November 2021.