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For more information on this release:
E-mail: business_stats@cso.ie Stephanie Kelleher (+353) 21 453 5123 Alan Finlay (+353) 21 453 5211 Mairéad Ní Chuill (+353) 21 453 5242
For general information on CSO statistics:
information@cso.ie (+353) 21 453 5000 On-line ISSN 2009-5384
Notice of Revisions: The Industrial Production and Turnover Indices were revised on 13th December 2021. See here for further information. 
CSO statistical release, , 11am

Industrial Production and Turnover

February 2018 (Provisional) January 2018 (Final)

Seasonally Adjusted Manufacturing Industries
(Base Year 2010 = 100)
Production IndexTurnover Index
February 2017152.7182.6
January 2018164.5217.1
February 2018158.1202.4
Monthly % change-3.9-6.8
Annual % change3.510.9
  
Sep 2017 - Nov 2017168.9203.1
Dec 2017 - Feb 2018163.7208.7
% change-3.12.8

Industrial Production decreased by 3.9% in February 2018

Figure 1 Manufacturing Industries Seasonally Adjusted Nov 2015 - Feb 2018
go to full release

Production for Manufacturing Industries for February 2018 was 3.9% lower than in January 2018 (see above and table 1). On an annual basis production for February 2018 increased by 3.5% when compared with February 2017. The seasonally adjusted volume of industrial production for Manufacturing Industries for the three months December 2017 to February 2018 was 3.1% lower than in the preceding three month period (see above and tables 3a to 3d). 

The “Modern” Sector showed a monthly decrease in production of 2.8% for February 2018 and an annual increase of 4.5% compared with February 2017. There was a monthly increase of 1.5% in the “Traditional” Sector for February 2018 and an annual decrease of 1.9% compared with February 2017 (see table 2).

Turnover decreased by 6.8% for Manufacturing Industries in February 2018 when compared with January 2018 (see above and tables 5a to 5d).  On an annual basis turnover increased by 10.9% when compared with February 2017.

Unadjusted indices are available on our website

Introduction of Base 2015 series

The current Industrial Production and Turnover index series are calculated to Base 2010=100. The base period for these indices is updated every five years and the rebased series (2015=100) will be published in the next issue of this release, in May. The rebased indices from January 2015 onwards will be calculated using weights based on the 2015 Census of Industrial Production. The revised series will be published in the Industrial Production and Turnover release, with full details available on StatBank.

Table 1 Volume Indices of Production1Base Year: 2010=100
  Manufacturing Industries Industries
  NACE 10 - 33 NACE 05 - 35
  Seasonally adjusted
Period Index% change on previous periodAnnual % change Index% change on previous periodAnnual % change
2014Year119.7 24.2 117.9 22.9
2015Year165.8 38.5 158.9 34.8
2016Year166.6 0.5 159.9 0.7
2017Year162.7 -2.4 156.4 -2.2
         
20161st quarter167.61.4-0.2 160.20.8-0.1
 2nd quarter163.4-2.51.2 157.0-2.01.1
 3rd quarter165.81.5-1.2 159.11.4-0.8
 4th quarter168.51.62.0 162.52.12.3
         
20171st quarter157.4-6.6-6.1 151.8-6.6-5.2
 2nd quarter161.82.8-1.0 155.52.5-0.9
 3rd quarter160.0-1.1-3.5 153.7-1.2-3.4
 4th quarter170.96.81.4 164.16.71.0
        
2016February166.6-11.8-9.4 159.7-10.8-8.6
 March147.3-11.6-19.5 141.7-11.3-18.5
April164.511.70.5 158.611.90.6
May157.0-4.5-0.1 150.9-4.8-0.1
 June168.67.43.1 161.47.02.9
 July174.73.65.2 167.33.64.7
 August157.4-9.9-7.2 151.7-9.3-6.1
 September165.45.1-1.4 158.44.4-1.0
 October156.8-5.2-6.5 152.3-3.9-5.7
 November185.418.313.2 177.816.812.9
 December163.4-11.9-0.6 157.3-11.5-0.2
        
2017January168.12.9-11.0 161.52.7-9.8
February152.7-9.1-8.3 147.9-8.5-7.4
 March151.6-0.82.9 146.1-1.23.1
 April162.67.3-1.2 156.37.0-1.4
 May168.03.37.0 161.03.06.7
 June154.8-7.8-8.2 149.3-7.3-7.5
 July156.81.2-10.3 151.51.4-9.5
August160.72.52.1 153.51.41.2
September162.61.2-1.7 156.11.7-1.5
October180.911.215.4 173.411.113.9
November163.4-9.7-11.9 157.1-9.4-11.7
December168.53.13.1 161.73.02.8
        
2018January164.5-2.4-2.1 158.3-2.1-2.0
 February158.1-3.93.5 152.3-3.83.0
1 All data for the latest month is provisional
Table 2 Volume Indices of Production1 for "Modern"2 and "Traditional"2 SectorsBase Year: 2010=100
Modern Sector Traditional (All Other Sectors)
Seasonally adjusted
Period Index% change on previous periodAnnual % change Index% change on previous periodAnnual % change
2014Year117.8 33.4 117.9 10.9
2015Year185.1 57.1 122.9 4.2
2016Year187.7 1.4 122.0 -0.7
2017Year182.2 -2.9 121.1 -0.7
         
20161st quarter188.20.1-2.8 120.3-0.61.0
 2nd quarter177.7-5.62.0 122.11.5-1.7
 3rd quarter186.44.90.1 123.61.3-2.9
 4th quarter193.63.93.0 121.0-2.10.0
         
20171st quarter174.3-10.0-7.4 124.83.13.7
 2nd quarter176.11.1-0.9 120.3-3.6-1.5
 3rd quarter181.32.9-2.7 118.7-1.3-4.0
 4th quarter197.79.12.1 121.42.30.3
        
2016February187.6-13.0-16.0 121.2-0.20.1
 March161.3-14.0-26.7 118.2-2.5-1.5
April176.39.3-3.4 124.14.90.6
May166.4-5.65.5 119.3-3.8-4.7
 June190.314.34.5 122.93.0-1.0
 July202.86.610.3 119.9-2.4-8.5
 August172.9-14.7-10.4 122.52.2-2.2
 September183.46.10.9 128.44.82.2
 October179.9-1.9-4.1 118.5-7.7-3.0
 November215.820.014.6 122.83.6-0.2
 December185.2-14.2-1.5 121.8-0.83.4
        
2017January187.91.4-12.9 126.74.04.3
February171.8-8.6-8.4 122.9-3.01.4
 March163.1-5.01.1 124.71.45.4
 April179.610.11.9 119.6-4.1-3.6
 May179.3-0.17.7 121.41.51.8
 June169.5-5.5-10.9 119.8-1.3-2.5
 July181.16.8-10.7 121.51.41.3
August179.6-0.83.9 117.1-3.6-4.4
September183.22.0-0.1 117.40.2-8.6
October214.116.819.0 121.73.72.7
November187.0-12.6-13.3 120.5-0.9-1.8
December192.12.73.7 122.21.40.3
        
2018January184.7-3.8-1.7 118.8-2.8-6.2
 February179.5-2.84.5 120.61.5-1.9
1 All data for the latest month is provisional
2 See Background notes for detailed breakdown
Table 3a Volume Indices of Production for Industrial Sectors - Provisional Results February 2018Base Year: 2010=100
 February 2018
  Seasonally Adjusted Indices
Industrial SectorNACE Index% change on previous monthAnnual % change
Food products and beverages10-11 130.31.1-1.3
Food products10 136.44.4-1.6
Meat and meat products101 153.0-11.0-10.3
Dairy products105 96.8-2.85.8
Bakery and farinaceous products107 164.7-2.01.2
Grain mill and starch products; Prepared animal feeds106,109 141.1-0.72.1
Other food products102-104,108 135.19.0-0.8
Beverages11 103.0-4.80.0
Textiles, wearing apparel and leather related products13-15 83.45.34.4
Wood and wood products, except furniture16 101.9-5.36.9
Paper and paper products; Printing and reproduction of recorded media17-18 67.5-5.3-2.0
Chemicals and chemical products20 ***
Basic pharmaceutical products and preparations21 ***
Rubber and plastic products22 105.10.1-9.9
Other non-metallic mineral products23 133.03.67.5
Basic metals and fabricated metal products24-25 101.6-2.6-7.9
Computer, electronic and optical products26 ***
Electrical equipment27 136.0-8.2-11.6
Machinery and equipment, not elsewhere classified28 ***
Transport equipment29-30 68.3-12.1-20.8
Tobacco, leather, coke and refined petroleum products, transport equipment, furniture, repair and installation of machinery and equipment12,15,19,29-31,33 107.34.1-2.4
Modern20,21,26,27, 182, 325 179.5-2.84.5
TraditionalAll Excluding Modern 120.61.5-1.9
Other manufacture, repair and installation of machinery and equipment32-33 ***
Electricity, gas, steam and air conditioning supply35 103.0-0.2-6.2
Manufacturing industries10-33 158.1-3.93.5
Mining and quarrying05-09 113.0-5.027.3
Transportable goods industries05-33 156.9-4.03.7
Industries05-35 152.3-3.83.0
of which: Energy producing industries  102.6-0.1-4.8
* Data suppressed for confidentiality reasons. This will be reviewed depending on other data suppression in additional statistical releases produced later in the year.
Table 3b Volume Indices of Production for Industrial Sectors 3 monthly - Provisional ResultsBase Year: 2010=100
 December 2017 - February 2018
  Seasonally Adjusted Indices
Industrial SectorNACE Index% change on previous periodAnnual % change
Food products and beverages10-11 130.3-1.2-2.6
Food products10 134.8-2.2-3.5
Meat and meat products101 162.80.11.1
Dairy products105 99.5-2.24.3
Bakery and farinaceous products107 167.71.42.9
Grain mill and starch products; Prepared animal feeds106,109 143.4-4.74.2
Other food products102-104,108 130.2-3.1-5.7
Beverages11 107.1-1.93.3
Textiles, wearing apparel and leather related products13-15 83.0-7.04.0
Wood and wood products, except furniture16 105.24.69.7
Paper and paper products; Printing and reproduction of recorded media17-18 65.24.7-2.2
Chemicals and chemical products20 ***
Basic pharmaceutical products and preparations21 ***
Rubber and plastic products22 107.0-2.1-3.7
Other non-metallic mineral products23 129.46.53.8
Basic metals and fabricated metal products24-25 107.5-6.5-0.2
Computer, electronic and optical products26 ***
Electrical equipment27 143.1-5.0-10.7
Machinery and equipment, not elsewhere classified28 ***
Transport equipment29-30 73.5-3.6-10.1
Tobacco, leather, coke and refined petroleum products, transport equipment, furniture, repair and installation of machinery and equipment12,15,19,29-31,33 105.6-5.2-9.1
Modern20,21,26,27,182, 325 185.4-4.82.1
TraditionalAll Excluding Modern 120.50.6-2.7
Other manufacture, repair and installation of machinery and equipment32-33 ***
Electricity, gas, steam and air conditioning supply35 104.00.4-4.4
Manufacturing industries10-33 163.7-3.11.4
Mining and quarrying05-09 109.441.828.0
Transportable goods industries05-33 162.5-2.91.6
Industries05-35 157.4-2.91.2
of which: Energy producing industries  103.10.4-4.6
* Data suppressed for confidentiality reasons. This will be reviewed depending on other data suppression in additional statistical releases produced later in the year.
Table 3c Volume Indices of Production for Industrial Sectors - Final Results January 2018Base Year: 2010=100
 January 2018
  Seasonally Adjusted Indices
Industrial SectorNACE Index% change on previous monthAnnual % change
Food products and beverages10-11 128.9-2.1-11.2
Food products10 130.6-4.8-13.3
Meat and meat products101 172.05.39.3
Dairy products105 99.6-2.54.0
Bakery and farinaceous products107 168.1-1.27.7
Grain mill and starch products; Prepared animal feeds106,109 142.0-3.42.0
Other food products102-104,108 123.9-5.9-19.6
Beverages11 108.2-1.71.8
Textiles, wearing apparel and leather related products13-15 79.2-8.5-2.4
Wood and wood products, except furniture16 107.71.415.0
Paper and paper products; Printing and reproduction of recorded media17-18 71.325.87.3
Chemicals and chemical products20 ***
Basic pharmaceutical products and preparations21 ***
Rubber and plastic products22 105.1-5.1-4.9
Other non-metallic mineral products23 128.41.31.8
Basic metals and fabricated metal products24-25 104.4-10.32.2
Computer, electronic and optical products26 ***
Electrical equipment27 148.32.1-10.4
Machinery and equipment, not elsewhere classified28 ***
Transport equipment29-30 77.74.2-3.9
Tobacco, leather, coke and refined petroleum products, transport equipment, furniture, repair and installation of machinery and equipment12,15,19,29-31,33 103.1-3.0-3.4
Modern20,21,26,27,182, 325 184.7-3.8-1.7
TraditionalAll Excluding Modern 118.8-2.8-6.2
Other manufacture, repair and installation of machinery and equipment32-33 ***
Electricity, gas, steam and air conditioning supply35 103.2-2.5-5.3
Manufacturing industries10-33 164.5-2.4-2.1
Mining and quarrying05-09 118.923.443.3
Transportable goods industries05-33 163.4-2.2-1.8
Industries05-35 158.3-2.1-2.0
of which: Energy producing industries  102.7-1.4-5.1
* Data suppressed for confidentiality reasons. This will be reviewed depending on other data suppression in additional statistical releases produced later in the year.
Table 3d Volume Indices of Production for Industrial Sectors 3 monthly - Final ResultsBase Year: 2010=100
 November 2017 - January 2018
  Seasonally Adjusted Indices
Industrial SectorNACE Index% change on previous monthAnnual % change
Food products and beverages10-11 130.5-0.4-3.2
Food products10 134.4-1.5-4.2
Meat and meat products101 166.62.96.8
Dairy products105 100.2-5.72.9
Bakery and farinaceous products107 167.42.33.0
Grain mill and starch products; Prepared animal feeds106,109 144.8-4.05.7
Other food products102-104,108 128.8-2.6-7.6
Beverages11 109.60.13.4
Textiles, wearing apparel and leather related products13-15 85.4-3.110.9
Wood and wood products, except furniture16 105.96.114.6
Paper and paper products; Printing and reproduction of recorded media17-18 63.6-1.1-3.1
Chemicals and chemical products20 ***
Basic pharmaceutical products and preparations21 ***
Rubber and plastic products22 107.9-0.72.2
Other non-metallic mineral products23 125.73.91.4
Basic metals and fabricated metal products24-25 112.40.28.6
Computer, electronic and optical products26 ***
Electrical equipment27 147.0-2.1-7.5
Machinery and equipment, not elsewhere classified28 ***
Transport equipment29-30 76.30.6-6.9
Tobacco, leather, coke and refined petroleum products, transport equipment, furniture, repair and installation of machinery and equipment12,15,19,29-31,33 111.99.9-7.3
Modern20,21,26,27,182, 325 187.9-2.3-4.3
TraditionalAll Excluding Modern 120.51.5-2.6
Other manufacture, repair and installation of machinery and equipment32-33 ***
Electricity, gas, steam and air conditioning supply35 104.01.6-4.2
Manufacturing industries10-33 165.5-1.5-4.0
Mining and quarrying05-09 93.916.18.8
Transportable goods industries05-33 164.2-1.4-3.9
Industries05-35 159.0-1.2-3.9
of which: Energy producing industries  103.22.3-4.4
* Data suppressed for confidentiality reasons. This will be reviewed depending on other data suppression in additional statistical releases produced later in the year.
Table 4 Industrial Turnover Indices1Base Year: 2010=100
Manufacturing Industries Transportable Goods Industries2
NACE 10 - 33 NACE 05 - 33
Seasonally adjusted
Period Index% change on previous periodAnnual % change Index% change on previous periodAnnual % change
2014Year118.8 18.7 118.5 18.3
2015Year195.9 65.0 195.1 64.5
2016Year192.4 -1.8 191.5 -1.8
2017Year189.8 -1.4 189.1 -1.3
         
20161st quarter191.1-1.3-0.1 190.1-1.4-0.2
 2nd quarter189.4-0.9-5.0 188.5-0.8-5.0
 3rd quarter197.24.1-0.3 196.34.1-0.3
 4th quarter191.5-2.9-1.1 190.8-2.8-1.0
         
20171st quarter184.1-3.9-3.7 183.5-3.8-3.5
 2nd quarter177.6-3.5-6.2 177.1-3.5-6.1
 3rd quarter191.88.0-2.8 191.17.9-2.6
 4th quarter204.56.66.8 203.66.56.7
         
2016February188.3-11.3-2.9 187.4-11.2-3.0
March172.5-8.4-15.7 171.7-8.4-15.8
 April189.810.0-5.5 188.910.1-5.5
May185.2-2.4-5.0 184.3-2.4-5.1
June193.34.4-4.5 192.44.4-4.5
July215.711.69.1 214.411.49.0
August189.4-12.2-5.5 188.6-12.0-5.4
September186.7-1.4-4.4 185.9-1.4-4.4
October196.65.30.3 195.85.30.4
November199.71.67.5 198.91.67.6
December178.3-10.7-10.6 177.6-10.7-10.5
       
2017January189.56.3-10.7 188.86.3-10.6
February182.6-3.7-3.0 182.0-3.6-2.9
 March180.1-1.44.4 179.6-1.44.6
 April185.22.8-2.4 184.52.8-2.3
 May186.60.70.7 186.00.80.9
 June161.0-13.7-16.7 160.7-13.6-16.5
 July189.017.4-12.4 188.417.2-12.1
 August184.2-2.5-2.7 183.5-2.6-2.7
 September202.39.88.4 201.49.78.3
 October200.2-1.01.9 199.3-1.01.8
 November206.83.33.6 205.93.33.5
 December206.5-0.115.8 205.6-0.115.8
         
2018January217.15.214.6 215.95.014.3
 February202.4-6.810.9 201.4-6.710.6
1 All data for the latest month is provisional
2 See Background notes for detailed breakdown
Table 5a Turnover Indices for Industrial Sectors - Provisional Results February 2018Base Year: 2010=100
 February 2018
  Seasonally Adjusted Indices
Industrial SectorNACE Index% change on previous monthAnnual % change
Food products and beverages10-11 124.81.1-1.2
Food products10 128.53.2-1.2
Meat and meat products101 135.6-6.7-9.9
Dairy products105 142.511.78.3
Bakery and farinaceous products107 132.7-3.9-0.9
Grain mill and starch products; Prepared animal feeds106,109 132.7-1.12.7
Other food products102-104,108 119.87.4-0.8
Beverages11 103.0-4.2-1.7
Textiles, wearing apparel and leather related products13-15 72.34.613.9
Wood and wood products, except furniture16 95.0-7.70.1
Paper and paper products; Printing and reproduction of recorded media17-18 61.8-7.50.1
Chemicals and chemical products20 ***
Basic pharmaceutical products and preparations21 ***
Rubber and plastic products22 116.6-1.2-11.2
Other non-metallic mineral products23 136.70.112.9
Basic metals and fabricated metal products24-25 95.2-0.7-7.1
Computer, electronic and optical products26 ***
Electrical equipment27 96.2-6.9-7.9
Machinery and equipment, not elsewhere classified28 ***
Transport equipment29-30 76.9-14.6-18.6
Tobacco, leather, coke and refined petroleum products, transport equipment, furniture, repair and installation of machinery and equipment12,15,19,29-31,33 98.0-0.2-3.7
Other manufacture, repair and installation of machinery and equipment32-33 ***
Electricity, gas, steam and air conditioning supply35 ......
Manufacturing industries10-33 202.4-6.810.9
Mining and quarrying05-09 109.90.5-17.9
Transportable goods industries05-33 201.4-6.710.6
Industries05-35 ......
of which: Energy producing industries  ......
* Data suppressed for confidentiality reasons. This will be reviewed depending on other data suppression in additional statistical releases produced later in the year.
.. Data not available
Table 5b Turnover Indices for Industrial Sectors 3 monthly - Provisional ResultsBase Year: 2010=100
 December 2017 - February 2018
  Seasonally Adjusted Indices
Industrial SectorNACE Index% change on previous periodAnnual % change
Food products and beverages10-11 125.7-1.0-1.6
Food products10 128.7-2.2-1.0
Meat and meat products101 141.6-1.80.7
Dairy products105 144.0-5.310.9
Bakery and farinaceous products107 135.93.91.1
Grain mill and starch products; Prepared animal feeds106,109 134.6-2.64.1
Other food products102-104,108 115.7-3.7-6.5
Beverages11 102.51.8-5.2
Textiles, wearing apparel and leather related products13-15 69.7-4.78.3
Wood and wood products, except furniture16 97.65.84.6
Paper and paper products; Printing and reproduction of recorded media17-18 62.57.13.4
Chemicals and chemical products20 ***
Basic pharmaceutical products and preparations21 ***
Rubber and plastic products22 122.0-8.4-1.8
Other non-metallic mineral products23 133.62.2-0.8
Basic metals and fabricated metal products24-25 98.9-6.8-3.1
Computer, electronic and optical products26 ***
Electrical equipment27 100.0-1.5-5.5
Machinery and equipment, not elsewhere classified28 ***
Transport equipment29-30 86.0-4.8-7.6
Tobacco, leather, coke and refined petroleum products, transport equipment, furniture, repair and installation of machinery and equipment12,15,19,29-31,33 97.3-3.5-6.8
Other manufacture, repair and installation of machinery and equipment32-33 ***
Electricity, gas, steam and air conditioning supply35 ......
Manufacturing industries10-33 208.72.813.7
Mining and quarrying05-09 114.6-4.1-7.3
Transportable goods industries05-33 207.72.713.6
Industries05-35 ......
of which: Energy producing industries  ......
* Data suppressed for confidentiality reasons. This will be reviewed depending on other data suppression in additional statistical releases produced later in the year.
.. Data not available
Table 5c Turnover Indices for Industrial Sectors - Final Results January 2018Base Year: 2010=100
 January 2018
  Seasonally Adjusted Indices
Industrial SectorNACE Index% change on previous monthAnnual % change
Food products and beverages10-11 123.5-4.1-8.9
Food products10 124.5-6.4-9.9
Meat and meat products101 145.31.07.8
Dairy products105 127.6-21.2-6.3
Bakery and farinaceous products107 138.10.911.6
Grain mill and starch products; Prepared animal feeds106,109 134.2-2.02.2
Other food products102-104,108 111.5-3.6-20.7
Beverages11 107.510.7-3.5
Textiles, wearing apparel and leather related products13-15 69.22.36.4
Wood and wood products, except furniture16 102.98.313.5
Paper and paper products; Printing and reproduction of recorded media17-18 66.813.614.7
Chemicals and chemical products20 ***
Basic pharmaceutical products and preparations21 ***
Rubber and plastic products22 118.0-10.2-6.9
Other non-metallic mineral products23 136.56.95.3
Basic metals and fabricated metal products24-25 95.8-9.3-2.7
Computer, electronic and optical products26 ***
Electrical equipment27 103.42.9-4.9
Machinery and equipment, not elsewhere classified28 ***
Transport equipment29-30 90.1-1.0-1.0
Tobacco, leather, coke and refined petroleum products, transport equipment, furniture, repair and installation of machinery and equipment12,15,19,29-31,33 98.12.4-2.1
Other manufacture, repair and installation of machinery and equipment32-33 ***
Electricity, gas, steam and air conditioning supply35 ......
Manufacturing industries10-33 217.15.214.6
Mining and quarrying05-09 109.3-12.2-15.5
Transportable goods industries05-33 215.95.014.3
Industries05-35 ......
of which: Energy producing industries  ......
* Data suppressed for confidentiality reasons. This will be reviewed depending on other data suppression in additional statistical releases produced later in the year.
.. Data not available
Table 5d Turnover Indices for Industrial Sectors 3 monthly - Final ResultsBase Year: 2010=100
 November 2017 - January 2018
  Seasonally Adjusted Indices
Industrial SectorNACE Index% change on previous periodAnnual % change
Food products and beverages10-11 126.2-1.3-1.4
Food products10 129.2-2.0-0.4
Meat and meat products101 144.5-1.15.5
Dairy products105 145.8-7.113.4
Bakery and farinaceous products107 134.83.40.1
Grain mill and starch products; Prepared animal feeds106,109 134.7-2.23.8
Other food products102-104,108 114.8-3.4-8.0
Beverages11 102.3-2.2-7.8
Textiles, wearing apparel and leather related products13-15 69.9-4.57.8
Wood and wood products, except furniture16 97.76.78.3
Paper and paper products; Printing and reproduction of recorded media17-18 62.07.45.2
Chemicals and chemical products20 ***
Basic pharmaceutical products and preparations21 ***
Rubber and plastic products22 128.3-0.17.5
Other non-metallic mineral products23 130.91.0-6.7
Basic metals and fabricated metal products24-25 101.9-1.85.2
Computer, electronic and optical products26 ***
Electrical equipment27 101.70.4-2.8
Machinery and equipment, not elsewhere classified28 ***
Transport equipment29-30 89.0-2.8-4.9
Tobacco, leather, coke and refined petroleum products, transport equipment, furniture, repair and installation of machinery and equipment12,15,19,29-31,33 101.06.7-5.7
Other manufacture, repair and installation of machinery and equipment32-33 ***
Electricity, gas, steam and air conditioning supply35 ......
Manufacturing industries10-33 210.17.411.1
Mining and quarrying05-09 117.5-3.9-2.6
Transportable goods industries05-33 209.17.411.0
Industries05-35 ......
of which: Energy producing industries  ......
* Data suppressed for confidentiality reasons. This will be reviewed depending on other data suppression in additional statistical releases produced later in the year.
.. Data not available

Background Notes

Introduction  

The monthly industrial inquiry index monitors current trends in the volume of production of industrial local units with three or more persons engaged.  The primary purpose of the index is to measure changes in value added at constant prices. 

The monthly index of turnover measures the change in the level of sales each month of industrial products, whether manufactured in the month in question or in previous periods (excluding non-industrial activity where practicable).  The turnover indices outlined in this release are exclusive of VAT. 

The principal difference between the production and turnover indices is that the production index traces the quantitative volume of production (i.e. effect of price changes excluded) each month whether sold or not, whereas the turnover index reflects both the volume of sales and the price level.  Starting with January 2014 updated industrial production and turnover indices are being published to base year 2010=100.

The response rates for the provisional results are typically 46% in terms of the local units surveyed covering 84% of  the value of production and  82% of the  value of turnover.  The corresponding figures for the final results are 71%, 91% and 90% respectively.  These response rates are based on averages for the 12 months of 2013.  In September 2009 an additional question on response burden showed that respondents took an average of 19 minutes to complete the monthly inquiry form.

Sample covered

The monthly survey which provides data for calculating the indices covers the larger local units which between them account for the bulk of industrial output – in general those which in the base year 2010 had twenty or more persons engaged in NACE 5 to 39.  For certain sectors the threshold of 20 persons engaged is lowered where this is considered necessary to ensure representativeness of the sample or where data for a sector would have to be kept confidential if the 20 persons engaged threshold were applied.  The business activity classifications are based on the Statistical Classification of Economic Activities in the European Community (NACE Rev. 2). 

Methodology

Individual production and turnover sub-indices are compiled for each detailed NACE class.  These sub-indices are combined to provide the indices for broader sectoral groupings, using as weights for a sector the gross value added at factor cost for production indices, and turnover in goods produced and industrial services provided to others for turnover indices, for all units in that sector covered in the 2010 Census of Industrial Production (CIP).  Weights and base year are revised every five years. 

The production index is compiled using two methods. One method is based on current value data being converted to values at base year prices using suitable Wholesale Price Index (WPI) deflators. Alternatively, the series has been compiled using updated prices from the Prodcom 2010 survey.  

Seasonal Adjustment 

Seasonal adjustment is conducted using the direct seasonal adjustment approach.  Under this approach each individual series is independently adjusted, e.g. aggregate series are adjusted without reference to the component series.  Seasonal adjustment models are developed for each series based on unadjusted data spanning from January 2008 to the current period.  These models are then applied to the entire series. Seasonal factors are updated each month.

The adjustments are completed by applying the X-13-ARIMA model, developed by the U.S. Census Bureau to the unadjusted data.  This methodology estimates seasonal factors while also taking into consideration factors that impact on the quality of the seasonal adjustment such as:

• Calendar effects, e.g. the timing of Easter,

• Outliers, temporary changes and level shifts in the series. 

For additional information on the use of X-13-ARIMA see https://www.census.gov/srd/www/winx13/

NACE classification

The business activity classifications used in this Statistical release are based on the Statistical Classification of Economic Activities in the European Community i.e. NACE Rev. 2.  For further information on the NACE Rev. 2 classification of industrial activity, visit the CSO website  http://www.cso.ie/px/u/NACECoder/NACEItems/searchnace.asp

Definitions

"All Industries"

All industries is comprised of all sectors classified NACE 05 to 35 inclusive. This includes Mining and quarrying NACE 05 to 09, Manufacturing Industries NACE 10 to 33, Electricity, gas, steam and air conditioning supply NACE 35.

"Manufacturing Industries"

Manufacturing Industries is comprised of all sectors classified NACE 10 to 33 inclusive.

"Transportable Goods Industries"

Transportable Goods Industries is comprised of all sectors classified NACE 05 to 33 inclusive. This includes Mining and quarrying NACE 05 to 09 and Manufacturing Industries NACE 10 to 33.

“Modern” Sector

Modern sector includes the following industrial sectors:

NACE 20.00 - 21.20 Chemicals and pharmaceuticals

NACE 26.00 - 27.90 Computer, electronic, optical and electrical equipment

NACE 18.20 Reproduction of recorded media

NACE 32.50 Medical and dental instruments and supplies

"Traditional” Sector

Traditional Sector includes All Industries (NACE 05 to 35) excluding “Modern” sector as detailed above. 

Retrospection

Indices calculated under the current system (Base year 2010) have been calculated from January 2010. When making comparisons with data produced in previous monthly industrial production and turnover releases it should be noted that:

From January 2010 some companies would have moved NACE from where they were for Base Year 2005. This may have been at the;

4 digit level e.g. moving from NACE 1052 to 1051

3 digit level e.g. moving from NACE 1052 to 1061

2 digit level e.g. moving NACE 1052 to 1101

In January 2014 a new sample was introduced which would include companies that were not included before or were dropped from the last sample i.e.

  • change in the number of employees i.e. company size
  • A change in NACE i.e. not previously in NACE 05 - 35

Updated Wholesale Price Index (Base Year = 2010)

The wholesale price indices were revised in September  2013 to include updated weights (base year = 2010). New base year weights were compiled for the Wholesale Price Index using the results of the 2010 Census of Industrial Production (CIP) and the Prodcom Inquiry surveys.  New baseweights were applied to each three digit NACE group on the basis of the Census of Industrial Production and the commodity groups weights were assigned on the basis of the Prodcom Inquiry.  The business activity classifications used in the updated WPI series are based on the Statistical Classification of Economic Activities in the European Community i.e. NACE Rev. 2.  For further information on the updated WPI indices see the CSO publication Wholesale Price Index, Introduction of Updated Series Base Year 2010 = 100.

The individual series have been revised with updated deflators.

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