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CSO statistical release, 11 May 2018, 11am

Industrial Production & Turnover

March 2018 (Provisional) February 2018 (Final)

Seasonally Adjusted Manufacturing Industries
(Base Year 2015 = 100)
Production IndexTurnover Index
March 201888.591.4
February 201895.5100.4
March 201798.297.8
Monthly % change-7.3-9.1
Annual % change-9.9-6.6
Oct 2017 - Dec 2017104.9103.5
Jan 2018 - Mar 201896.7100.0
% change-7.8-3.4

Industrial Production decreased by 7.3% in March 2018

Seasonally Adjusted Manufacturing Industries
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Production for Manufacturing Industries for March 2018 was 7.3% lower than in February 2018 (see above and table 1). On an annual basis production for March 2018 was 9.9% lower than in March 2017. Industrial production for Manufacturing Industries for the three months January 2018 to March 2018 was 7.8% lower than in the preceding three month period (see above and tables 3a to 3c). 

The “Modern” Sector showed a monthly decrease in production of 19.9% in March 2018 and an annual decrease of 9.5% when compared with March 2017. There was a monthly decrease of 1.7% in the “Traditional” Sector for March 2018 and an annual decrease of 17.9% compared with March 2017 (see table 2).

Turnover decreased by 9.1% for Manufacturing Industries in March 2018 when compared with February 2018 (see above and tables 5a to 5c).  On an annual basis turnover decreased by 6.6% when compared with March 2017.

Unadjusted indices are available on our website

Introduction of Base 2015 series

The Industrial Production & Turnover indices have been compiled with reference to base year 2015=100. The new series has been calculated using updated weights from the Census of Industrial Production 2015 and the rebased Wholesale Price Index 2015 = 100 (See Background Notes).  The revised series are available on StatBank.