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Irish Industrial Output Drops For Second Month

Ireland's industrial production dropped for the second consecutive month in March, the Central Statistics Office reported Friday.

Month-on-month, production fell 2.7 percent in March, following a 3.2 percent decrease in February. On a yearly basis, it dipped 5.7 percent, faster than the 3 percent drop logged in the previous month.

At the same time, production for manufacturing industries for March was 2.5 percent lower than in February. The rate of decrease slowed from the prior month's 3.7 percent fall. Annually, output slipped 5.6 percent.

The seasonally adjusted industrial turnover for manufacturing grew 3.2 percent from the prior month and increased 2.7 percent on a yearly basis.

by RTTNews Staff Writer

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