Industrial production rises nearly 4%

Industrial production was up 3

Industrial production was up 3.7 per cent for the three-month period April to June 2002 when compared with the preceding three-month period.

When seasonally adjusted, production in June 2002 was 13.4 per cent higher than in June 2001, according to Central Statistics Office (CSO) figures. The year-on-year increase for May 2002 was 24.1 per cent.

The unadjusted figures for April 2002 to June 2002, when compared with the same three-month period a year earlier.

Production increases of 22.9 per cent and 23.6 per cent were recorded for intermediate products and consumer goods, respectively.

READ MORE

A decrease of 16.2 per cent was recorded for capital goods.

Other figures show:

  • basic chemicals production rose by 37.8 per cent in the period;
  • production of office machinery and computers fell by 25.3 per cent in the period.

Early estimates for June published by Eurostat on August 20th were incorrect because of an inadvertent data transmission error by the CSO.