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Q2 industry production fell 3.6%

Industrial production - Annual increases in June
Industrial production - Annual increases in June

Official figures show that the volume of industrial production in June was up 5.9% compared with the same month last year.

The Central Statistics Office said production in the modern sector - which includes chemicals and technology - rose at annual rate of 4.9%, while the traditional sector showed growth of 7.5%.

But provision figures for the second quarter of 2010 showed that production volumes fell by 3.6% compared with the first quarter, mainly due to a 5% fall in the pharmaceutical sector.