Irish industry figures show signs of recovery

Irish industry is showing recovery, according to the latest industrial production from the Central Statistics Office.

Irish industry is showing recovery, according to the latest industrial production from the Central Statistics Office.

The figures published today show industrial production increased by 10.9 per cent in January 2002 compared to the same month last year.

The seasonally adjusted volume of industrial production rose by 6 per cent from November 2001 to January 2002 when compared with the preceding three months.

The unadjusted figures for November 2001 to January 2002 show production increases were recorded in consumer goods and intermediate products. A decrease of 14.9 per cent was recorded for capital goods.

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The sharpest increase was in "other foods", where production rose by 26.9 per cent in the period.

The sharpest decrease was in "radio, television and communication equipment and apparatus", where production fell by 42.6 per cent in the period.