Irish production figures decline sharply

Industrial production fell 7

Industrial production fell 7.3 per cent for the three-month period July to September compared with the preceding period according the figures released today by the Central Statistics Office (CSO).

The CSO said the annual increase for September was 5.2 per cent. This compares with a annual increase of 8.6 per cent for August.

Figures for the three-month period show production increases of 11.9 per cent were recorded for consumer goods and 5.4 per cent for intermediate products. A decrease of 7.8 per cent was recorded for capital goods.

The sharpest increase was in "medical, precision and optical instruments, watches and clocks", where production rose by 45.6 per cent in the period.

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The sharpest decrease was in "radio, television and communication equipment and apparatus", where production fell by 36.8 per cent in the period.

The CSO said: "These detailed data for September are provisional. The final detailed September data will be published along with the provisional detailed October data".