Irish manufacturing strongest in EU

Ireland registered the highest increase in industrial production in the European Union during the month of September, according…

Ireland registered the highest increase in industrial production in the European Union during the month of September, according to new figures released today.

Industrial production in the euro zone rose by 0.3 per cent from August to September and was up 0.2 per cent for the European Union as a whole, according to Eurostat.

However, over the 12-months to the end of September industrial production fell 12.9 per cent in the euro zone and by 12.1 per cent for the EU27.

The latest data shows that during the month of September, Ireland's industrial production rate rose 11.3 per cent, the highest among Member States for which data is available.

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In addition, over the year to the end of September, Ireland registered the smallest decrease in industrial production at 0.7 per cent.

The latest data indicates that seasonally adjusted industrial production was up 0.3 per cent in the euro zone and 0.2 per cent for the European Union as a whole during September 2009. In the preceding month, production rose by 1.2 per cent and 0.8 per cent respectively.

Production of capital goods increased 1.7 per cent from August to September in the euro zone and by 0.4 per cent for the EU. Non-durable goods grew by 1.1 per cent and 0.6 per cent respectively.

Intermediate goods rose by 0.6 per cent in the euro area and by 0.1 per cent in the EU27 while engergy production fell by 2.1 per cent and 1.4 per cent respectively during the month of September.

Durable consumer goods declined by 6.0 per cent in the euro area and by 4.8 per cent in the EU27, the data shows.

Charlie Taylor

Charlie Taylor

Charlie Taylor is a former Irish Times business journalist