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Thursday, 13 December 2012

Industrial Production for Ireland drops record 16.7% on last year in October

The industrial production index for Ireland in October 2012 dropped 16.7% on last year, the largest year-on-year drop based on data from Eurostat going back to 1999. The index value for the month of 99.10 (May 2005=100) was the lowest value reported since December 2009 when it was 97.30.
Mean while, industrial production for the euro area dropped 3.9% on last year.