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Ireland industrial production rebounds strongly in June

Staff Writer |
Ireland's industrial production increased notably in June, after falling in the previous month, data from the Central Statistics Office said.

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Industrial production surged 8.2 percent from May, when it dropped by 2.7 percent. In April, production had grown 13.8 percent.

On an annual basis, industrial production dropped 0.4 percent in June, following a 1.2 percent decline in the prior month. It was the second successive monthly fall. Industrial turnover dipped 12.6 percent annually and by 2.8 percent monthly in June.

Ireland's consumer prices increased for the third straight month in July, figures from the Central Statistics Office showed Thursday.

The consumer price index rose 0.5 percent year-over-year in July, slightly faster than the 0.4 percent climb in the prior month.

Prices of miscellaneous goods and services grew 6.6 percent annually in July and health costs went up by 1.9 percent. At the same time, transport costs registered a decline of 3.0 percent.

On a monthly basis, consumer prices edged down 0.2 percent in July, reversing a 0.7 percent rise in June. It was the first fall in six months.

The EU measure of inflation, or HICP dropped at a stable pace of 0.1 percent yearly in July. Month-on-month, the HICP fell 0.3 percent from June, when it climbed by 0.7 percent.

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