CSO - Central Statistics Office Ireland

12/09/2024 | Press release | Distributed by Public on 12/09/2024 05:13

Industrial Production and Turnover October 2024

Production in manufacturing industries up 1.4% in the three months to October 2024

Online ISSN: 2009-5384
CSO statistical publication, 09 December 2024, 11am

Advisory Note

The results presented in this release reflect contract manufacturing activity and outsourcing in the Irish industrial economy. This release is prepared in compliance with the requirement of EU Regulation 1165/98, as amended, and the standards set out in the UN 2010 International Recommendations for the Index of Industrial Production. These standards set out that outsourced production is included as part of an enterprise's Irish production.

The scale of contract manufacturing and outsourcing in the Irish industrial economy has increased since 2015, meaning that very high levels of short-term, i.e. monthly, volatility may be present in the indices presented in this release.

With this in mind, the Central Statistics Office (CSO) recommends that analysts take a longer-term view of the indices. Accordingly, much of the commentary presented by the CSO in the release will refer to rolling quarterly time periods.

Key Findings

  • From August to October 2024, production in manufacturing industries increased by 1.4% when compared with the previous three-month period.

  • On a monthly basis, production in manufacturing industries rose by 5.2% in October 2024.

  • Over the three months from August to October 2024, production in manufacturing industries was 9.4% higher when compared with the same three months in 2023.

  • In the three-month period from August to October 2024, the Modern sector experienced an annual increase of 10.3% in production when compared with the same period in 2023. In comparison, annual production in the Traditional sector grew by 5.3% during the same period.

  • From August to October 2024, turnover in manufacturing industries was down by 2.7% when compared with the previous three-month period.

Statistician's Comment

The Central Statistics Office (CSO) has today (09 December 2024) published the Industrial Production and Turnover Index for October 2024.

Commenting on the release, Colin Cotter, Statistician in the Enterprise Statistics Division, said: "Production in manufacturing industries increased by 1.4% from August to October 2024 when compared with the previous three-month period, driven by differences in performance between the highly globalised Modern sector and the Traditional sector (See Headline Table, Table 1, and Table 3b).

Monthly production in manufacturing industries rose by 5.2% between September and October 2024. On an annual basis, production in this sector was 9.4% higher in the three months from August to October 2024 when compared with the same period in 2023 (See Table 1 and Table 3b). The CSO recommends that analysts take a longer-term view of the indices because of the variability that can occur within the given months of a quarter.

The highly globalised Modern sector, which includes the Chemical, Pharmaceutical, and Computer & Electronic sectors, experienced an increase of 10.3% in industrial production between August and October 2024, when compared with the same period in 2023. In comparison, the Traditional sector grew by 5.3% from August to October 2024, compared with the same period in 2023 (See Table 2 and Table 3b).

From August to October 2024, turnover in manufacturing industries was down by 2.7% when compared with the previous three-month period (See Headline Table, Table 4, and Table 3b).

In general, it should be noted that the results presented in this release reflect contract manufacturing activity in the multinational sectors."

Notice of Introduction of the Base 2021 series

This Industrial Production and Turnover (IPT) Index has been compiled with reference to base year 2021=100 as per Eurostat Regulation. The new series has been calculated using updated weights from the Census of Industrial Production (CIP) 2021. As part of the rebase process, a new set of deflators were derived from the Wholesale Price Index (WPI) which was itself rebased to base year 2021=100.

Note on Review of Seasonal Adjustment

In line with best practice, the CSO has concluded a review of the seasonal adjustment methodology used in this monthly Industrial Production and Turnover series. The review has concluded that, at this time there is not enough evidence to suggest that switching to an Indirect Approach of seasonal adjustment would bring about improved results in the short term. Therefore, the CSO has decided to continue with the Direct Approach to seasonal adjustment. Industrial Production and Turnover Seasonal Adjustment Review 2024

Headline Table

The headline table shows the seasonally adjusted and unadjusted Production and Turnover indices for Manufacturing industries. It also highlights the monthly and annual percentage changes for these indices, as well as percentage changes for the current compared with the previous quarter.

Manufacturing Industries - Seasonally Adjusted and Unadjusted Indices (Base Year 2021 = 100)
Seasonally Adjusted Unadjusted
Production Index Turnover Index Production Index Turnover Index
October 2023 92.0 100.5 108.7 121.5
September 2024 102.4 105.5 125.1 130.5
October 2024 107.7 120.2 125.5 147.5
Monthly % change 5.2% 14.0% 0.3% 13.0%
Annual % change 17.1% 19.7% 15.5% 21.4%
May 2024 - July 2024 105.0 113.8 99.1 112.1
August 2024 - October 2024 106.5 110.6 114.8 121.9
% change 1.4% -2.7% 15.8% 8.7%

Seasonally Adjusted Indices for Modern and Traditional sectors.

Figure 1 and Table 2 show the seasonally adjusted indices for the Modern and Traditional sectors.

Tables 1 & 1a relate to the seasonally adjusted and unadjusted indices for Industrial sectors.

Figure 1: Seasonally Adjusted Production Indices for Modern and Traditional Sectors, October 2022-October 2024

© Central Statistics Office, Ireland
https://data.cso.ie/table/MIM05

Table 1 Seasonally Adjusted Production Indices for Industrial Sectors
Table 1 Seasonally Adjusted1 Production Indices for Industrial Sectors Base Year: 2021=100
Manufacturing Industries Industries
NACE 10 - 33 NACE 05 - 35
Period Index % change on previous period Annual % change Index % change on previous period Annual % change
2022 Year 113.4 13.4 112.3 12.3
2023 Year 109.8 -3.2 109.5 -2.5
2022 1st quarter 107.7 13.8 6.4 106.6 14.3 4.2
2nd quarter 109.3 1.5 8.0 110.1 3.3 7.6
3rd quarter 113.5 3.8 7.6 110.5 0.4 6.3
4th quarter 121.0 6.6 27.8 119.2 7.8 27.7
2023 1st quarter 117.8 -2.7 9.4 117.8 -1.1 10.5
2nd quarter 118.0 0.2 8.0 119.9 1.8 8.9
3rd quarter 100.3 -15.1 -11.7 98.3 -18.0 -11.1
4th quarter 105.3 5.1 -12.9 104.3 6.1 -12.5
2024 1st quarter 95.0 -9.8 -19.3 97.8 -6.2 -17.0
2nd quarter 101.8 7.1 -13.8 103.9 6.3 -13.4
3rd quarter 106.8 5.0 6.5 104.6 0.7 6.4
2022 October 124.3 0.2 51.1 125.2 2.4 48.6
November 122.1 -1.8 37.4 119.2 -4.8 38.2
December 116.6 -4.5 3.4 113.1 -5.1 3.4
2023 January 126.7 8.7 21.0 125.1 10.6 21.4
February 128.7 1.6 19.9 127.2 1.7 20.2
March 98.0 -23.9 -11.7 101.2 -20.4 -8.9
April 116.8 19.2 25.2 120.0 18.6 25.5
May 111.7 -4.3 -6.1 114.9 -4.3 -4.5
June 125.7 12.5 8.5 124.8 8.6 9.1
July 100.9 -19.7 4.3 97.8 -21.6 5.2
August 99.3 -1.6 -17.0 97.6 -0.2 -16.2
September 100.6 1.4 -18.9 99.5 1.9 -18.6
October 92.0 -8.6 -26.0 92.2 -7.4 -26.4
November 104.7 13.8 -14.2 103.6 12.4 -13.1
December 119.3 13.9 2.4 117.1 13.0 3.5
2024 January 93.7 -21.5 -26.0 95.1 -18.8 -23.9
February 94.3 0.6 -26.8 96.2 1.2 -24.3
March 97.0 2.9 -1.0 101.9 5.9 0.7
April 99.0 2.0 -15.2 102.3 0.3 -14.8
May 103.8 4.9 -7.1 106.5 4.1 -7.3
June 102.5 -1.2 -18.5 102.9 -3.3 -17.5
July 108.7 6.1 7.8 105.4 2.4 7.7
August 109.4 0.6 10.2 107.2 1.8 9.9
September 102.4 -6.4 1.7 101.3 -5.5 1.8
October2 107.7 5.2 17.1 107.1 5.7 16.3
1 Based on Seasonal Patterns up to October 2024, individual series are independently adjusted.
2 Provisional Indices based on early returns from respondents.

Table 1a Unadjusted Production Indices for Industrial Sectors
Table 1a Unadjusted Production Indices for Industrial Sectors Base Year: 2021=100
Manufacturing Industries Industries
NACE 10 - 33 NACE 05 - 35
Period Index % change on previous period Annual % change Index % change on previous period Annual % change
2022 Year 113.4 13.4 112.3 12.3
2023 Year 109.8 -3.2 109.5 -2.5
2022 1st quarter 101.1 0.2 6.1 100.5 0.7 3.3
2nd quarter 99.2 -2.0 8.0 98.6 -1.9 6.8
3rd quarter 119.8 20.8 7.0 117.9 19.6 6.6
4th quarter 133.4 11.4 32.1 132.0 11.9 32.3
2023 1st quarter 110.5 -17.1 9.3 110.0 -16.7 9.4
2nd quarter 109.0 -1.4 9.9 108.7 -1.1 10.3
3rd quarter 104.5 -4.1 -12.7 104.6 -3.8 -11.3
4th quarter 115.0 10.0 -13.8 114.7 9.7 -13.1
2024 1st quarter 88.0 -23.4 -20.3 89.4 -22.1 -18.7
2nd quarter 94.3 7.1 -13.5 94.7 6.0 -12.9
3rd quarter 110.3 17.0 5.5 110.0 16.2 5.2
2022 October 153.4 -2.9 43.3 151.7 -2.1 43.6
November 149.9 -2.3 43.1 148.3 -2.2 43.2
December 96.8 -35.4 6.4 96.1 -35.2 6.5
2023 January 133.5 37.9 18.6 132.2 37.6 18.5
February 108.9 -18.4 21.0 108.2 -18.1 20.4
March 89.2 -18.0 -11.6 89.5 -17.3 -10.5
April 117.2 31.3 22.5 116.6 30.3 22.7
May 98.2 -16.2 -3.3 98.4 -15.6 -2.7
June 111.7 13.8 11.3 111.2 13.0 11.6
July 103.9 -7.0 2.7 104.1 -6.4 4.1
August 83.9 -19.2 -16.2 84.5 -18.8 -14.5
September 125.9 50.0 -20.3 125.1 47.9 -19.3
October 108.7 -13.6 -29.1 108.3 -13.4 -28.6
November 134.0 23.2 -10.6 133.0 22.8 -10.3
December 102.2 -23.7 5.6 102.9 -22.7 7.1
2024 January 97.4 -4.7 -27.1 98.3 -4.4 -25.6
February 78.9 -18.9 -27.5 80.6 -18.0 -25.5
March 87.8 11.3 -1.6 89.2 10.7 -0.3
April 97.8 11.3 -16.6 98.5 10.4 -15.6
May 92.7 -5.2 -5.6 93.1 -5.5 -5.4
June 92.5 -0.3 -17.2 92.6 -0.5 -16.7
July 112.2 21.3 8.0 111.7 20.7 7.4
August 93.7 -16.5 11.7 94.0 -15.8 11.3
September 125.1 33.6 -0.6 124.3 32.2 -0.6
October1 125.5 0.3 15.5 124.8 0.4 15.2
1 Provisional Indices based on early returns from respondents.

Table 2 Seasonally Adjusted Production Indices for Modern and Traditional Sectors
Table 2 Seasonally Adjusted1 Production Indices for Modern and Traditional Sectors2 Base Year: 2021=100
Modern Sector Traditional Sector (All excluding Modern)
Period Index % change on previous period Annual % change Index % change on previous period Annual % change
2022 Year 113.5 13.5 104.9 4.9
2023 Year 109.0 -3.9 112.2 7.0
2022 1st quarter 107.6 15.1 4.9 101.5 7.6 -3.4
2nd quarter 110.1 2.3 9.0 101.5 0.0 -2.6
3rd quarter 113.0 2.6 6.3 106.6 5.0 11.4
4th quarter 121.1 7.2 29.5 110.5 3.7 17.1
2023 1st quarter 118.3 -2.3 9.9 107.6 -2.6 5.9
2nd quarter 118.9 0.5 8.0 111.3 3.5 9.7
3rd quarter 98.4 -17.2 -12.9 115.2 3.5 8.1
4th quarter 103.2 4.9 -14.7 115.2 0.0 4.3
2024 1st quarter 92.3 -10.6 -21.9 116.3 1.0 8.1
2nd quarter 99.6 7.9 -16.2 114.9 -1.2 3.3
3rd quarter 105.5 6.0 7.2 117.3 2.0 1.8
2022 October 125.8 0.5 55.3 118.2 11.8 25.5
November 121.6 -3.3 41.8 112.4 -4.9 13.8
December 115.9 -4.7 1.8 100.8 -10.3 11.9
2023 January 127.7 10.2 22.4 109.1 8.2 8.2
February 130.9 2.5 22.8 105.7 -3.1 1.9
March 96.2 -26.5 -13.9 108.0 2.1 7.8
April 119.0 23.6 27.3 108.9 0.9 13.2
May 110.3 -7.3 -7.9 115.2 5.8 9.0
June 127.4 15.5 8.8 109.8 -4.7 7.0
July 99.4 -22.0 5.8 115.9 5.6 10.0
August 96.8 -2.6 -19.3 116.2 0.3 7.1
September 99.2 2.5 -20.7 113.4 -2.5 7.2
October 89.9 -9.3 -28.5 112.1 -1.1 -5.2
November 102.6 14.1 -15.6 114.7 2.3 2.1
December 117.1 14.1 1.1 118.7 3.5 17.8
2024 January 91.0 -22.3 -28.7 115.3 -2.9 5.7
February 91.0 -0.1 -30.5 115.9 0.5 9.6
March 94.9 4.3 -1.4 117.7 1.6 9.1
April 96.9 2.1 -18.5 117.0 -0.6 7.4
May 101.6 4.8 -7.9 112.2 -4.1 -2.7
June 100.3 -1.3 -21.3 115.6 3.1 5.3
July 107.5 7.2 8.2 114.8 -0.7 -1.0
August 108.7 1.1 12.3 115.7 0.8 -0.5
September 100.4 -7.6 1.2 121.4 4.9 7.0
October3 106.2 5.7 18.1 122.9 1.3 9.7
1 Based on Seasonal Patterns up to October 2024, individual series are independently adjusted.
2 See Background notes for detailed breakdown.
3 Provisional Indices based on early returns from respondents.

Seasonally Adjusted Production and Turnover Indices

Figure 2 and Table 3b show the seasonally adjusted percentage changes in Manufacturing Industries for a rolling three-month provisional average.

Table 3a relates to provisional results for October 2024 and Table 3c relates to final results for September 2024.

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Created with Highcharts 9.3.3Chart context menuSource: CSO IrelandManufacturing Industries (10-33)Food Products (10)Meat & Meat Products (101)Dairy Products (105)Bakery & Farinaceous Products (107)Grain Mill & Starch Products; Prepared Animal Feeds (106,109)Other Food Products (102-104,108)Textiles, Wearing Apparel & Leather Related Products (13-15)Wood & Wood Products, except Furniture (16)Paper & Paper Products; Printing & Reproduction of Recorded Media (17-18)Rubber & Plastic Products (22)Other Non-Metallic Mineral Products (23)Basic Metals & Fabricated Metal Products (24-25)Electrical Equipment (27)Transport Equipment (29-30)Tobacco, Leather, Coke & Refined Petroleum Products, Transport Equipment,​Furniture, Repair & Installation of Machinery & Equipment (12,15,19,29-31,33)Highcharts.comFigure 2: Seasonally Adjusted Percentage Changes in Manufacturing Industries, May 2024-July 2024 to August 2024-October 2024
Production
Turnover
-6-4-202468101214161820222426
%
Production Turnover
Manufacturing Industries (10-33) 1.4 -2.7
Food Products (10) -1.5 1.3
Meat & Meat Products (101) 1.2 2.9
Dairy Products (105) 5.6 9.9
Bakery & Farinaceous Products (107) 0.3 1.2
Grain Mill & Starch Products; Prepared Animal Feeds (106,109) 0.5 -1.2
Other Food Products (102-104,108) -3.9 -0.9
Textiles, Wearing Apparel & Leather Related Products (13-15) 13.5 9.5
Wood & Wood Products, except Furniture (16) 1.3 1.2
Paper & Paper Products; Printing & Reproduction of Recorded Media (17-18) 24.3 -1.7
Rubber & Plastic Products (22) 8.5 4.1
Other Non-Metallic Mineral Products (23) 1.3 2.3
Basic Metals & Fabricated Metal Products (24-25) 12.7 10.3
Electrical Equipment (27) 6.9 8.2
Transport Equipment (29-30) 3.8 3.2
Tobacco, Leather, Coke & Refined Petroleum Products, Transport Equipment,
Furniture, Repair & Installation of Machinery & Equipment (12,15,19,29-31,33)
0.8 -0.7
Table 3a Seasonally Adjusted Production and Turnover Indices for Industrial Sectors - Provisional Results October 2024
Table 3a Seasonally Adjusted1 Production and Turnover Indices for Industrial Sectors - Provisional Results October 20242 Base Year: 2021=100
Production Turnover
Industrial Sector (NACE Rev.2) Index % change on previous month Annual % change Index % change on previous month Annual % change
Food Products (10) 117.3 -1.5 10.5 122.8 0.4 9.7
Meat & Meat Products (101) 95.1 1.0 5.8 126.5 3.4 7.2
Dairy Products (105) 128.2 6.8 12.0 139.3 6.8 17.5
Bakery & Farinaceous Products (107) 115.3 4.5 2.8 133.1 5.5 5.5
Grain Mill & Starch Products; Prepared Animal Feeds (106,109) 133.4 -0.3 27.1 125.5 -1.7 3.2
Other Food Products (102-104,108) 118.3 -4.5 10.5 114.8 -5.4 8.1
Beverages (11) .. .. .. .. .. ..
Textiles, Wearing Apparel & Leather Related Products (13-15) 99.0 -12.5 23.9 110.7 1.7 23.2
Wood & Wood Products, except Furniture (16) 133.5 -1.3 4.3 141.5 -0.5 -0.7
Paper & Paper Products; Printing & Reproduction of Recorded Media (17-18) 144.1 -6.8 -8.9 137.7 4.0 8.0
Chemicals & Chemical Products (20) .. .. .. .. .. ..
Basic Pharmaceutical Products & Preparations (21) .. .. .. .. .. ..
Rubber & Plastic Products (22) 108.9 2.3 34.3 123.6 -1.6 21.0
Other Non-Metallic Mineral Products (23) 124.1 2.2 9.2 151.8 1.2 5.0
Basic Metals & Fabricated Metal Products (24-25) 165.2 9.9 16.2 227.7 9.9 21.7
Computer, Electronic & Optical Products (26) .. .. .. .. .. ..
Electrical Equipment (27) 156.2 8.9 19.5 162.7 6.7 23.6
Machinery & Equipment, not elsewhere classified (28) .. .. .. .. .. ..
Transport Equipment (29-30) 119.0 4.2 -22.2 134.5 2.4 -20.4
Tobacco, Leather, Coke & Refined Petroleum Products, Transport Equipment, Furniture, Repair & Installation of Machinery & Equipment (12,15,19,29-31,33) 119.9 -3.2 -11.8 118.3 -15.6 -21.8
Modern (20,21,26,27,182,325) 106.2 5.7 18.1 - - -
Traditional (All excluding Modern) 122.9 1.3 9.7 - - -
Electricity, Gas, Steam & Air Conditioning Supply (35) 115.4 4.2 7.5 - - -
Manufacturing Industries (10-33) 107.7 5.2 17.1 120.2 14.0 19.7
Mining & Quarrying (05-09) .. .. .. 96.7 -1.8 -2.4
Transportable Goods Industries (05-33) 107.0 5.9 16.3 118.8 13.3 19.6
Industries (05-35) 107.1 5.7 16.3 - - -
1 Based on Seasonal Patterns up to October 2024, individual series are independently adjusted.
2 Provisional Indices based on early returns from respondents.
.. Data suppressed for confidentiality reasons.
- Data not available.

Table 3b Seasonally Adjusted Production and Turnover Indices for Industrial Sectors - 3 monthly Provisional Results
Table 3b Seasonally Adjusted1 Production and Turnover Indices for Industrial Sectors - 3 monthly Provisional Results2 Base Year: 2021=100
August 2024 - October 2024 August 2024 - October 2024
Production Turnover
Industrial Sector (NACE Rev.2) Index % change on previous period Annual % change Index % change on previous period Annual % change
Food Products (10) 115.0 -1.5 4.5 120.2 1.3 7.4
Meat & Meat Products (101) 93.2 1.2 1.3 122.8 2.9 3.5
Dairy Products (105) 121.9 5.6 -0.9 132.9 9.9 8.1
Bakery & Farinaceous Products (107) 112.1 0.3 -0.4 128.8 1.2 2.1
Grain Mill & Starch Products; Prepared Animal Feeds (106,109) 134.1 0.5 25.1 127.1 -1.2 2.9
Other Food Products (102-104,108) 117.4 -3.9 6.3 114.6 -0.9 10.6
Beverages (11) .. .. .. .. .. ..
Textiles, Wearing Apparel & Leather Related Products (13-15) 101.4 13.5 20.7 106.7 9.5 18.3
Wood & Wood Products, except Furniture (16) 138.2 1.3 11.8 144.3 1.2 5.8
Paper & Paper Products; Printing & Reproduction of Recorded Media (17-18) 134.3 24.3 -15.8 134.1 -1.7 3.6
Chemicals & Chemical Products (20) .. .. .. .. .. ..
Basic Pharmaceutical Products & Preparations (21) .. .. .. .. .. ..
Rubber & Plastic Products (22) 107.6 8.5 27.8 125.4 4.1 15.5
Other Non-Metallic Mineral Products (23) 121.4 1.3 3.1 149.9 2.3 2.6
Basic Metals & Fabricated Metal Products (24-25) 157.3 12.7 15.1 217.8 10.3 24.4
Computer, Electronic & Optical Products (26) .. .. .. .. .. ..
Electrical Equipment (27) 155.3 6.9 16.1 160.9 8.2 13.5
Machinery & Equipment, not elsewhere classified (28) .. .. .. .. .. ..
Transport Equipment (29-30) 126.8 3.8 -4.0 139.0 3.2 -0.8
Tobacco, Leather, Coke & Refined Petroleum Products, Transport Equipment, Furniture, Repair & Installation of Machinery & Equipment (12,15,19,29-31,33) 123.8 0.8 -4.5 133.7 -0.7 -10.1
Modern (20,21,26,27,182,325) 105.1 1.9 10.3 - - -
Traditional (All excluding Modern) 120.0 5.1 5.3 - - -
Electricity, Gas, Steam & Air Conditioning Supply (35) 112.3 10.3 2.8 - - -
Manufacturing Industries (10-33) 106.5 1.4 9.4 110.6 -2.7 2.4
Mining & Quarrying (05-09) .. .. .. 96.7 -2.6 -3.9
Transportable Goods Industries (05-33) 105.0 0.2 9.3 109.9 -1.5 2.5
Industries (05-35) 105.2 0.3 9.1 - - -
1 Based on Seasonal Patterns up to October 2024, individual series are independently adjusted.
2 Provisional Indices based on early returns from respondents.
.. Data suppressed for confidentiality reasons.
- Data not available.

Table 3c Seasonally Adjusted Production and Turnover Indices for Industrial Sectors - Final Results September 2024
Table 3c Seasonally Adjusted1 Production and Turnover Indices for Industrial Sectors - Final Results September 2024 Base Year: 2021=100
Production Turnover
Industrial Sector (NACE Rev.2) Index % change on previous month Annual % change Index % change on previous month Annual % change
Food Products (10) 119.1 9.5 6.0 122.3 5.8 12.8
Meat & Meat Products (101) 94.2 4.3 1.1 122.3 2.4 4.1
Dairy Products (105) 120.0 2.2 -4.2 130.4 1.2 5.2
Bakery & Farinaceous Products (107) 110.3 -0.3 -1.3 126.1 -0.8 -0.1
Grain Mill & Starch Products; Prepared Animal Feeds (106,109) 133.9 -0.9 30.8 127.6 -0.5 5.2
Other Food Products (102-104,108) 123.9 12.7 9.7 121.3 12.5 26.3
Beverages (11) .. .. .. .. .. ..
Textiles, Wearing Apparel & Leather Related Products (13-15) 113.2 23.2 32.0 108.9 8.3 19.3
Wood & Wood Products, except Furniture (16) 135.3 -7.1 14.7 142.2 -4.8 10.2
Paper & Paper Products; Printing & Reproduction of Recorded Media (17-18) 154.5 48.1 -5.0 132.5 0.4 -0.2
Chemicals & Chemical Products (20) .. .. .. .. .. ..
Basic Pharmaceutical Products & Preparations (21) .. .. .. .. .. ..
Rubber & Plastic Products (22) 106.5 -0.7 25.6 125.6 -1.2 14.0
Other Non-Metallic Mineral Products (23) 121.4 2.3 3.8 150.1 1.4 5.1
Basic Metals & Fabricated Metal Products (24-25) 150.3 -3.9 18.9 207.3 -5.2 26.3
Computer, Electronic & Optical Products (26) .. .. .. .. .. ..
Electrical Equipment (27) 143.4 -13.9 3.5 152.4 -9.1 0.6
Machinery & Equipment, not elsewhere classified (28) .. .. .. .. .. ..
Transport Equipment (29-30) 114.2 -22.4 -1.2 131.4 -13.1 11.8
Tobacco, Leather, Coke & Refined Petroleum Products, Transport Equipment, Furniture, Repair & Installation of Machinery & Equipment (12,15,19,29-31,33) 123.8 -3.0 4.5 140.1 -1.7 -3.9
Modern (20,21,26,27,182,325) 100.4 -7.6 1.2 - - -
Traditional (All excluding Modern) 121.4 4.9 7.0 - - -
Electricity, Gas, Steam & Air Conditioning Supply (35) 110.8 0.1 -1.5 - - -
Manufacturing Industries (10-33) 102.4 -6.4 1.7 105.5 -0.7 -5.4
Mining & Quarrying (05-09) .. .. .. 98.5 3.6 -5.4
Transportable Goods Industries (05-33) 101.1 -5.5 1.9 104.8 -1.3 -5.4
Industries (05-35) 101.3 -5.5 1.8 - - -
1 Based on Seasonal Patterns up to October 2024, individual series are independently adjusted.
.. Data suppressed for confidentiality reasons.
- Data not available.

Seasonally Adjusted and Unadjusted Indices for Turnover

Tables 4 & 4a show the seasonally adjusted and unadjusted Turnover indices for Industrial sectors.

Table 4 Seasonally Adjusted Turnover Indices for Industrial Sectors
Table 4 Seasonally Adjusted1 Turnover Indices for Industrial Sectors Base Year: 2021=100
Manufacturing Industries Transportable Goods Industries2
NACE 10 - 33 NACE 05 - 33
Period Index % change on previous period Annual % change Index % change on previous period Annual % change
2022 Year 122.9 22.9 122.9 22.9
2023 Year 112.9 -8.2 112.8 -8.2
2022 1st quarter 109.5 2.2 13.8 110.4 1.0 13.9
2nd quarter 114.4 4.4 21.1 113.3 2.7 20.5
3rd quarter 128.6 12.4 25.0 127.2 12.3 24.9
4th quarter 136.4 6.1 27.3 139.4 9.6 27.6
2023 1st quarter 125.0 -8.4 14.1 125.5 -10.0 13.7
2nd quarter 107.1 -14.3 -6.3 105.8 -15.7 -6.6
3rd quarter 108.3 1.1 -15.8 107.1 1.3 -15.8
4th quarter 113.7 4.9 -16.7 118.0 10.1 -15.4
2024 1st quarter 106.7 -6.2 -14.7 106.9 -9.4 -14.8
2nd quarter 110.4 3.5 3.1 109.1 2.0 3.1
3rd quarter 110.4 0.0 1.9 109.2 0.1 1.9
2022 October 151.0 5.5 55.6 149.4 4.8 55.4
November 135.4 -10.4 25.4 134.6 -9.9 26.2
December 122.8 -9.3 5.6 134.4 -0.1 7.4
2023 January 131.7 7.3 20.7 132.8 -1.2 20.2
February 138.1 4.8 32.1 138.6 4.4 31.5
March 105.2 -23.8 -8.5 105.2 -24.1 -8.7
April 111.3 5.7 8.4 110.9 5.4 7.9
May 82.1 -26.2 -33.1 82.0 -26.1 -33.3
June 127.9 55.8 8.6 124.5 51.9 8.9
July 101.4 -20.7 -7.2 99.0 -20.5 -7.4
August 112.1 10.5 -15.9 111.6 12.8 -15.7
September 111.5 -0.5 -22.2 110.9 -0.7 -22.2
October 100.5 -9.9 -33.5 99.4 -10.4 -33.5
November 101.8 1.4 -24.8 102.2 2.8 -24.1
December 138.7 36.3 13.0 152.5 49.3 13.5
2024 January 105.4 -24.0 -20.0 106.0 -30.5 -20.2
February 106.0 0.6 -23.2 106.3 0.2 -23.3
March 108.6 2.4 3.2 108.5 2.1 3.1
April 109.6 1.0 -1.5 109.1 0.5 -1.7
May 110.4 0.7 34.4 109.5 0.4 33.6
June 111.3 0.8 -13.0 108.8 -0.6 -12.6
July 119.6 7.5 18.0 116.5 7.1 17.8
August 106.2 -11.2 -5.2 106.2 -8.9 -4.9
September 105.5 -0.7 -5.4 104.8 -1.3 -5.4
October3 120.2 14.0 19.7 118.8 13.3 19.6
1 Based on Seasonal Patterns up to October 2024, individual series are independently adjusted.
2 See Background notes for detailed breakdown.
3 Provisional Indices based on early returns from respondents.

Table 4a Unadjusted Turnover Indices for Industrial Sectors
Table 4a Unadjusted Turnover Indices for Industrial Sectors Base Year: 2021=100
Manufacturing Industries Transportable Goods Industries1
NACE 10 - 33 NACE 05 - 33
Period Index % change on previous period Annual % change Index % change on previous period Annual % change
2022 Year 122.9 22.9 122.9 22.9
2023 Year 112.9 -8.2 112.8 -8.2
2022 1st quarter 108.0 2.4 13.4 108.0 2.5 13.4
2nd quarter 110.6 2.4 21.3 110.6 2.5 21.3
3rd quarter 135.4 22.5 25.1 135.3 22.4 25.0
4th quarter 137.8 1.8 30.8 137.7 1.7 30.7
2023 1st quarter 122.7 -11.0 13.7 122.6 -10.9 13.6
2nd quarter 105.0 -14.4 -5.0 105.0 -14.4 -5.1
3rd quarter 113.0 7.6 -16.6 113.0 7.6 -16.5
4th quarter 110.8 -2.0 -19.6 110.7 -2.0 -19.6
2024 1st quarter 103.4 -6.6 -15.7 103.4 -6.6 -15.7
2nd quarter 108.8 5.2 3.6 108.8 5.2 3.6
3rd quarter 115.1 5.8 1.8 115.0 5.8 1.8
2022 October 178.6 0.4 57.2 178.4 0.4 57.1
November 141.6 -20.7 24.1 141.5 -20.7 24.1
December 93.2 -34.2 5.4 93.2 -34.1 5.3
2023 January 148.8 59.6 19.4 148.7 59.5 19.3
February 123.2 -17.2 30.3 123.2 -17.2 30.2
March 96.0 -22.1 -8.2 96.0 -22.0 -8.2
April 118.8 23.7 7.8 118.7 23.6 7.7
May 77.6 -34.7 -32.0 77.6 -34.6 -31.9
June 118.6 53.0 10.4 118.6 52.8 10.3
July 107.8 -9.1 -7.4 107.8 -9.1 -7.4
August 92.9 -13.8 -16.9 93.0 -13.8 -16.9
September 138.2 48.7 -22.3 138.1 48.6 -22.3
October 121.5 -12.1 -32.0 121.4 -12.1 -31.9
November 105.7 -13.0 -25.4 105.7 -12.9 -25.3
December 105.1 -0.5 12.8 105.1 -0.6 12.7
2024 January 117.3 11.6 -21.2 117.3 11.6 -21.1
February 93.6 -20.2 -24.1 93.6 -20.2 -24.0
March 99.4 6.2 3.5 99.3 6.1 3.4
April 117.0 17.7 -1.5 117.0 17.7 -1.5
May 105.0 -10.2 35.4 105.0 -10.2 35.3
June 104.3 -0.7 -12.1 104.3 -0.7 -12.1
July 127.0 21.7 17.7 126.9 21.7 17.7
August 87.7 -30.9 -5.6 87.7 -30.9 -5.6
September 130.5 48.8 -5.6 130.4 48.6 -5.6
October2 147.5 13.0 21.4 147.3 13.0 21.3
1 See Background notes for detailed breakdown.
2 Provisional Indices based on early returns from respondents.