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.

The highest was for Estonia at 124, while the lowest was for Greece at 85.

However, working day adjusted Ireland came in at the average at just over 100.

Overall industrial production was down by 0.3% in the eurozone and by 0.6% in the EU 27 in May compared to April.

This showed a comparative slowdown in contraction as when compared with May last year

Production of durable consumer goods dropped by 2.3% in the eurozone and 2.1% in the EU27.

Overall production fell in 13 countries, rose in nine and remained stable only in Britain.


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