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Production volumes at manufacturers fall in August - CSO

Traditional manufacturing saw the sharpest fall, while the modern sector grew significantly on an annual basis
Traditional manufacturing saw the sharpest fall, while the modern sector grew significantly on an annual basis

The volume of production at Irish manufacturers fell 1% in August when compared to the previous month, according to the Central Statistics Office.

The production index stood at 138.6 during the month – compared to 140 in July.

However the August 2015 figure was considerably higher than the one recorded in the same month of 2014, up 18.5%.

During the month production in the traditional sector of the manufacturing industry fell by 5.1%, and was down 4.7% compared to August 2014.

The modern sector – which includes pharmaceutical and electronics manufacturing – declined by 0.8% on a monthly basis but rose sharply year-on-year.

When comparing the three months to the end of August to the March to May period, the CSO said that volumes fell by 1.6%.

Meanwhile the seasonally adjusted industrial turnover index fell by 2.1% in August when compared to July, but was up 14.2% year-on-year.