FX.co ★ Ireland Industrial Output Growth Slows in April

In April 2025, industrial production increased by 18.1% compared to the same month last year, a slowdown from the revised 47.8% rise observed in March, which represented the strongest growth in over two years. This month marked the most moderate growth in industrial activity over the past three months, with output gains lessening in manufacturing sectors (19.5% from March's 50.2%) and transportable goods (19.2% compared to 50.7%). Meanwhile, there was a continued decline in the production of electricity, gas, steam, and air conditioning supply, albeit at a slower rate (-13% compared to -20.2%). On a month-to-month basis, industrial output decreased by 15.2%, marking the sharpest drop since July 2023, following a 14.4% increase in the preceding month.