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Industrial production up 1.4% in three months to October - CSO

The 'Modern' sector grew by over 10% in the three months from August to October, new CSO figures show
The 'Modern' sector grew by over 10% in the three months from August to October, new CSO figures show

New figures from the Central Statistics Office show that production in manufacturing industries increased by 1.4% in the three months from August to October when compared with the previous three-month period.

The CSO said that the highly globalised "Modern" sector, which includes the chemical, pharmaceutical, and computer and electronic sectors, saw an increase of 10.3% in industrial production in the three month period under review.

Meanwhile, the "Traditional" sector grew by 5.3% from August to October 2024, compared with the same time last year.

Today's CSO figures also show that monthly production in manufacturing industries rose by 5.2% between September and October.

They also reveal that turnover in manufacturing industries was down by 2.7% when compared with the previous three-month period.