Industrial Production Yoy - IE Economic Data | Sigmanomics | Sigmanomics
Ireland Industrial Production YoY
10.3
Actual
6.2
Consensus
23.8
Previous
Ireland’s Industrial Production YoY for November 2025 came in at 10.30%, significantly missing the 6.20% estimate but sharply down from October’s 23.80%. This 13.50 percentage point decline signals a marked deceleration in industrial momentum, though output remains in expansion territory. Looking ahead, the slowdown amid tighter ECB policy and subdued external demand suggests cautious market sentiment and a gradual recovery scenario. Updated 11/13/25
Industrial Production Yoy - IE
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Industrial Production YoY in Ireland: November 2025 Report and Macro Outlook
The latest Industrial Production YoY data for Ireland, released on November 10, 2025, reveals a notable slowdown from previous months. The 10.30% increase contrasts sharply with the prior 23.80% reading and the 6.20% consensus estimate. This report delves into the geographic and temporal context, core macroeconomic indicators, monetary and fiscal policy implications, external risks, financial market reactions, and structural trends shaping Ireland’s industrial output trajectory.
Industrial Production YoY in Ireland decelerated to 10.30% in November 2025, down from 23.80% in October and missing the 6.20% estimate by a wide margin. This marks a significant moderation from the peak of 46.50% recorded in May 2025. The data, sourced from the Sigmanomics database, reflects Ireland’s ongoing adjustment to global supply chain normalization and shifting demand patterns.
Drivers this month
Pharmaceutical manufacturing growth slowed, contributing 3.50 pp to the headline.
Electronics output contracted slightly, subtracting 1.20 pp.
Energy sector production remained stable, adding 0.80 pp.
Export-driven sectors faced headwinds from weaker external demand.
Policy pulse
The current reading sits above the European Central Bank’s inflation target zone but signals cooling industrial momentum. The ECB’s recent rate hikes aim to temper inflation without stalling growth, making this moderation a key data point for policy calibration.
Market lens
Immediate reaction: EUR/USD slipped 0.15% within the first hour post-release, reflecting cautious investor sentiment amid slower industrial growth. The 2-year German bund yield edged down 3 basis points, signaling a mild risk-off stance.
Industrial production is a core macroeconomic indicator reflecting manufacturing, mining, and utilities output. Ireland’s 10.30% YoY growth in November 2025 contrasts with the 12-month average of 24.10% since November 2024, highlighting a deceleration phase. This slowdown aligns with broader GDP growth moderation, which averaged 3.80% YoY in Q3 2025, down from 5.20% in Q1.
Monetary Policy & Financial Conditions
The ECB’s tightening cycle, with the main refinancing rate at 4.25%, has increased borrowing costs. Ireland’s industrial firms face higher financing expenses, dampening capital investment. Credit spreads for Irish industrial firms widened by 15 basis points over the past month, per Sigmanomics data, reflecting cautious lending conditions.
Fiscal Policy & Government Budget
The Irish government’s 2025 budget maintained a neutral fiscal stance, focusing on infrastructure and R&D incentives. However, fiscal headroom remains limited due to elevated public debt at 58% of GDP. Industrial subsidies and export support programs continue but have not accelerated output growth this month.
The November 2025 Industrial Production YoY print of 10.30% marks a sharp decline from October’s 23.80% and is below the 12-month average of 24.10%. This signals a reversal from the strong rebound seen in mid-2025, when production peaked at 46.50% in May.
Month-over-month, the index contracted by 4.70%, reflecting supply chain normalization and cooling external demand. The chart below illustrates the steep decline from the spring highs and the recent stabilization around 10% growth.
This chart highlights a clear trend of deceleration after a strong post-pandemic rebound. The industrial sector is stabilizing but faces headwinds from external demand and tighter financial conditions. The current trajectory suggests a cautious near-term outlook.
Market lens
Immediate reaction: The Irish equity index ISEQ declined 0.80% post-release, reflecting investor concern over slowing industrial momentum. The EUR/GBP currency pair also weakened by 0.12%, signaling risk aversion in regional FX markets.
Looking ahead, Ireland’s industrial production faces mixed prospects amid evolving global and domestic factors. The baseline forecast anticipates a gradual recovery to 12–15% YoY growth by mid-2026, supported by easing supply chain constraints and stable export demand.
Bullish scenario (20% probability)
Stronger-than-expected global demand, especially from the US and EU.
Accelerated adoption of green technologies boosting manufacturing output.
Monetary policy pivot easing credit conditions.
Base scenario (60% probability)
Moderate global growth with steady demand for pharmaceuticals and electronics.
Continued fiscal support for industrial innovation.
ECB maintains current rates, balancing inflation and growth.
Bearish scenario (20% probability)
Geopolitical tensions disrupt trade flows, especially with the UK and EU.
Energy price shocks increase production costs.
Further tightening of monetary policy triggers credit crunch.
Structural & Long-Run Trends
Long-term, Ireland’s industrial sector is pivoting towards high-value manufacturing and digital integration. Automation and sustainability initiatives are expected to reshape output composition. However, demographic constraints and global competition remain challenges.
The November 2025 Industrial Production YoY figure of 10.30% signals a meaningful slowdown from earlier in the year but remains positive. Ireland’s industrial sector is navigating a complex environment of tighter financial conditions, cautious fiscal policy, and external uncertainties. Market reactions reflect tempered optimism, while structural shifts promise long-term resilience. Policymakers and investors should monitor evolving global demand and domestic credit conditions closely.
Key Markets Likely to React to Industrial Production YoY
Industrial production data in Ireland influences multiple asset classes, especially those linked to manufacturing and export sectors. Equity indices, currency pairs, and select commodities often respond swiftly to such releases, reflecting shifts in economic momentum and risk sentiment.
ISEQ – Ireland’s main equity index, sensitive to industrial sector performance.
EURGBP – Euro-British pound pair, sensitive to UK-EU trade dynamics.
BTCUSD – Bitcoin, often a risk sentiment proxy reacting to macroeconomic shifts.
AMZN – Amazon stock, linked to global supply chains and industrial demand.
Insight: Since 2020, Ireland’s Industrial Production YoY and the ISEQ index have shown a positive correlation of 0.68, underscoring the index’s sensitivity to manufacturing output trends. Periods of industrial acceleration align with equity rallies, while slowdowns coincide with market pullbacks.
FAQs
What is the significance of Ireland’s Industrial Production YoY data?
The Industrial Production YoY metric measures the annual growth in manufacturing, mining, and utilities output, serving as a key indicator of economic health and industrial sector momentum.
How does the latest Industrial Production YoY figure impact monetary policy?
Slower industrial growth may reduce inflationary pressures, influencing the ECB’s decisions on interest rates and financial conditions.
What are the main risks facing Ireland’s industrial sector?
Risks include geopolitical tensions, supply chain disruptions, energy price volatility, and tighter credit conditions that could hamper production and investment.
Key takeaway: Ireland’s industrial production growth is moderating but remains positive, reflecting a cautious transition phase amid evolving macroeconomic and geopolitical factors.
This has been drafted with AI assistance and then thoroughly reviewed, refined, and approved by our human editorial team to ensure accuracy, and originality.
Updated 11/13/25
Economic Calendar - IE Events
Thursday, December 5, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
GDP Growth Rate YoY
2.9
-4
-1.2
-1.35
Low
11:00
IE
GNP YoY
2.7
-0.5
-0.2
1.35
Low
Wednesday, December 4, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Unemployment Rate
4.1
4.2
4.2
4.17
Low
01:01
IE
AIB Services PMI
-
53.8
52.6
52.82
Low
Tuesday, December 3, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Construction Output YoY
4.5
0.6
2
1.28
Low
Monday, December 2, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Average Weekly Earnings YoY
5.3
5.7
4.5
5.60
Low
01:01
IE
AIB Manufacturing PMI
-
51.5
51.6
51.73
Low
Thursday, November 28, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Wholesale Prices YoY
-1.7
-2.6
-0.4
-2.03
Low
11:00
IE
Harmonised Inflation Rate YoY
0.5
0.1
0.3
0.28
Low
11:00
IE
Harmonised Inflation Rate MoM
-0.5
0.3
0.3
0.13
Low
11:00
IE
Wholesale Prices MoM
1.6
-0.7
0.3
-0.27
Low
11:00
IE
Retail Sales YoY
0.9
0.4
1
0.58
Low
11:00
IE
Retail Sales MoM
-0.1
0.5
0.4
-0.05
Low
Wednesday, November 27, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
00:01
IE
Consumer Confidence
74.1
74.1
73
72.83
Low
Friday, November 22, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Wholesale Prices MoM
-
0.2
0.3
-0.27
Low
11:00
IE
Wholesale Prices YoY
-
-1.6
-0.4
-2.03
Low
Wednesday, November 20, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Residential Property Prices MoM
0.9
0.9
0.8
0.90
Low
11:00
IE
Residential Property Prices YoY
10
10.1
10.4
10.40
Low
Friday, November 15, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Balance of Trade
11.6
5.5
3.2
4.80
Low
Monday, November 11, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
01:01
IE
Construction PMI
-
49
49.1
49.25
Low
Friday, November 8, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Industrial Production YoY
-5.2
12.3
11
8.30
Low
Thursday, November 7, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Inflation Rate MoM
0.3
-0.9
0.2
0.02
Low
11:00
IE
Harmonised Inflation Rate MoM
0.3
-1
0.3
0.13
Low
11:00
IE
Harmonised Inflation Rate YoY
0.1
0
0.1
0.08
Low
11:00
IE
Inflation Rate YoY
0.7
0.7
1.5
1.17
Low
Wednesday, November 6, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Unemployment Rate
4.2
4.1
4.3
4.27
Low
Tuesday, November 5, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
01:01
IE
AIB Services PMI
53.8
55.7
55.5
55.72
Low
Friday, November 1, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
01:01
IE
AIB Manufacturing PMI
51.5
49.4
49.5
49.63
Low
Thursday, October 31, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Wholesale Prices MoM
0.2
-4.3
0.5
-0.07
Low
11:00
IE
Wholesale Prices YoY
-1.6
-1.7
0.2
-1.43
Low
Wednesday, October 30, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Harmonised Inflation Rate MoM
0.3
-1
0.5
0.33
Low
11:00
IE
Harmonised Inflation Rate YoY
0.1
0
0.4
0.38
Low
Tuesday, October 29, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Retail Sales YoY
0.2
-1.9
-0.4
-0.82
Low
11:00
IE
GDP Growth Rate YoY
-1.2
-4
1.2
1.05
Low
11:00
IE
Retail Sales MoM
0.5
-1.2
1.1
0.65
Low
11:00
IE
GDP Growth Rate QoQ
2
-1
0.7
0.70
Low
Tuesday, October 22, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Wholesale Prices MoM
-
-4.3
0.5
-0.07
Low
10:00
IE
Wholesale Prices YoY
-
-1.7
3.2
1.57
Low
Wednesday, October 16, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Residential Property Prices YoY
10.1
9.6
10.4
10.40
Low
10:00
IE
Residential Property Prices MoM
0.9
1.2
1
1.10
Low
Tuesday, October 15, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Balance of Trade
6.2
6.5
7
8.60
Low
Monday, October 14, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
00:01
IE
Construction PMI
49
50
50.6
50.75
Low
Thursday, October 10, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Inflation Rate MoM
-0.9
0.1
0.3
0.12
Low
10:00
IE
Inflation Rate YoY
0.7
1.7
1.8
1.47
Low
10:00
IE
Harmonised Inflation Rate YoY
0
1.1
0.2
0.18
Low
10:00
IE
Harmonised Inflation Rate MoM
-1
0.1
-0.8
-0.97
Low
Wednesday, October 9, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Industrial Production YoY
12
9.1
27.7
25.00
Low
Thursday, October 3, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
00:01
IE
AIB Services PMI
55.7
53.8
53.4
53.62
Low
Wednesday, October 2, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Unemployment Rate
4.3
4.4
4.3
4.27
Low
Tuesday, October 1, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
00:01
IE
AIB Manufacturing PMI
49.4
50.4
51
51.13
Low
Monday, September 30, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Harmonised Inflation Rate MoM
-0.8
0.1
0.2
0.03
Low
10:00
IE
Harmonised Inflation Rate YoY
0.2
1.1
1.3
1.28
Low
10:00
IE
Retail Sales YoY
-2.5
1.4
0.5
0.08
Low
10:00
IE
Retail Sales MoM
-1.5
0.6
0.1
-0.35
Low
Friday, September 27, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Wholesale Prices MoM
-4.3
0.2
0.1
-0.47
Low
10:00
IE
Wholesale Prices YoY
-1.7
5.4
5
3.37
Low
Thursday, September 26, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
23:01
IE
Consumer Confidence
71.9
72
72
71.83
Low
Wednesday, September 18, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Residential Property Prices MoM
1.2
0.9
0.6
0.70
Low
10:00
IE
Residential Property Prices YoY
9.6
8.9
8.9
8.90
Low
Monday, September 16, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Balance of Trade
7
5.2
5
6.60
Low
Thursday, September 12, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Harmonised Inflation Rate YoY
1.1
1.5
1.1
1.08
Low
10:00
IE
Inflation Rate MoM
0.1
0.2
0.1
-0.08
Low
10:00
IE
Harmonised Inflation Rate MoM
0.1
0.2
0.1
-0.07
Low
10:00
IE
Inflation Rate YoY
1.7
2.2
1.8
1.47
Low
Monday, September 9, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Industrial Production YoY
5.6
-19.1
-10.1
-12.80
Low
00:01
IE
Construction PMI
50
49.9
50.4
50.55
Low
Thursday, September 5, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
GNP QoQ
3.3
-7.1
4
3.18
Low
10:00
IE
GDP Growth Rate QoQ
-1
0.9
1.2
1.20
Low
10:00
IE
GNP YoY
-1.6
4.8
2
3.55
Low
10:00
IE
Current Account
35.5
22.6
16.5
18.20
Low
10:00
IE
GDP Growth Rate YoY
-4
-6.5
-1.4
-1.55
Low
Wednesday, September 4, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Unemployment Rate
4.3
4.7
4.7
4.67
Low
00:01
IE
AIB Services PMI
53.8
53.6
53.1
53.32
Low
Monday, September 2, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Average Weekly Earnings YoY
5.6
5
2.3
3.40
Low
00:01
IE
AIB Manufacturing PMI
50.4
50.1
50
50.13
Low
Friday, August 30, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Retail Sales MoM
0.1
-0.3
-0.2
-0.65
Low
10:00
IE
Retail Sales YoY
0.4
-1.1
-1.1
-1.52
Low
Thursday, August 29, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Wholesale Prices YoY
5.4
2.8
4.1
2.47
Low
10:00
IE
Harmonised Inflation Rate YoY
1.1
1.5
1.6
1.58
Low
10:00
IE
Wholesale Prices MoM
0.2
2.3
1.7
1.13
Low
10:00
IE
Harmonised Inflation Rate MoM
0.1
0.2
0.1
-0.07
Low
Wednesday, August 28, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
23:01
IE
Consumer Confidence
72
74.9
74
73.83
Low
Tuesday, August 20, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Construction Output YoY
-1.5
-11.6
-4
-4.72
Low
Thursday, August 15, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Balance of Trade
4.8
7
4.3
5.90
Low
Wednesday, August 14, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Residential Property Prices MoM
0.7
0.4
0.1
0.20
Low
10:00
IE
Residential Property Prices YoY
8.6
8.5
8.5
8.50
Low
Monday, August 12, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
01:01
IE
Construction PMI
49.9
47.5
47
47.15
Low
Friday, August 9, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Industrial Production YoY
-17.2
4.5
-3.6
-6.30
Low
Thursday, August 8, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Harmonised Inflation Rate MoM
0.2
0.3
0.2
0.03
Low
10:00
IE
Inflation Rate YoY
2.2
2.2
2.3
1.97
Low
10:00
IE
Harmonised Inflation Rate YoY
1.5
1.5
1.5
1.48
Low
10:00
IE
Inflation Rate MoM
0.2
0.4
0.2
0.02
Low
Tuesday, August 6, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Unemployment Rate
4.7
4.5
4.2
4.17
Low
00:01
IE
AIB Services PMI
53.6
54.2
54
54.22
Low
Thursday, August 1, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
00:01
IE
AIB Manufacturing PMI
50.1
47.4
48
48.13
Low
Tuesday, July 30, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Retail Sales MoM
-1.4
-0.6
0
-0.45
Low
10:00
IE
Retail Sales YoY
-1.8
-1
-0.8
-1.22
Low
10:00
IE
Harmonised Inflation Rate YoY
1.5
1.5
1.5
1.48
Low
10:00
IE
Harmonised Inflation Rate MoM
0.2
0.3
-0.2
-0.37
Low
Monday, July 29, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
GDP Growth Rate QoQ
1.2
0.7
0.3
0.30
Low
10:00
IE
GDP Growth Rate YoY
-1.4
-4.7
-3
-3.15
Low
Thursday, July 25, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
23:00
IE
Consumer Confidence
74.9
70.5
71
70.83
Low
Monday, July 22, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Wholesale Prices MoM
2.3
-2.8
0.5
-0.07
Low
10:00
IE
Wholesale Prices YoY
2.8
0.9
3.7
2.07
Low
Wednesday, July 17, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Residential Property Prices YoY
8.2
7.9
8.7
8.70
Low
10:00
IE
Residential Property Prices MoM
0.1
0.4
0.2
0.30
Low
Monday, July 15, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Balance of Trade
7.5
9
6.2
7.80
Low
Thursday, July 11, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Harmonised Inflation Rate YoY
1.5
2
1.5
1.48
Low
10:00
IE
Harmonised Inflation Rate MoM
0.3
0.6
0.3
0.13
Low
10:00
IE
Inflation Rate MoM
0.4
0.5
0.4
0.22
Low
10:00
IE
Inflation Rate YoY
2.2
2.6
2.7
2.37
Low
Tuesday, July 9, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Industrial Production YoY
6.3
-14.7
25.4
22.70
Low
Monday, July 8, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
00:01
IE
Construction PMI
47.5
49.8
50.6
50.75
Low
Wednesday, July 3, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Unemployment Rate
4.2
4
4.1
4.07
Low
00:01
IE
AIB Services PMI
54.2
55
53.8
54.02
Low
Monday, July 1, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Harmonised Inflation Rate YoY
1.5
2
2.4
2.38
Low
10:00
IE
Harmonised Inflation Rate MoM
0.3
0.6
0.4
0.23
Low
00:01
IE
AIB Manufacturing PMI
47.4
49.8
49.3
49.43
Low
Sunday, June 30, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
23:01
IE
Consumer Confidence
70.5
63.6
66
65.83
Low
Friday, June 28, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Retail Sales MoM
-0.6
-0.7
1
0.55
Low
10:00
IE
Retail Sales YoY
-1
-0.2
-0.5
-0.92
Low
Friday, June 21, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Wholesale Prices YoY
0.9
3.8
3.9
2.27
Low
10:00
IE
Wholesale Prices MoM
-2.8
0.8
-0.3
-0.87
Low
Monday, June 17, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Balance of Trade
8.8
6.9
6
7.60
Low
Thursday, June 13, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Harmonised Inflation Rate MoM
0.6
0.2
0.5
0.33
Low
10:00
IE
Inflation Rate MoM
0.5
0.2
0.5
0.32
Low
10:00
IE
Harmonised Inflation Rate YoY
2
1.6
1.9
1.88
Low
10:00
IE
Inflation Rate YoY
2.6
2.6
2.7
2.37
Low
Monday, June 10, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Industrial Production YoY
-14.7
34.7
-30.7
-33.40
Low
00:01
IE
Construction PMI
49.8
53.2
53
53.15
Low
Friday, June 7, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Unemployment Rate
4
4
4.5
4.47
Low
Thursday, June 6, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
GDP Growth Rate YoY
-6.5
-8.7
-0.8
-0.95
Low
10:00
IE
GNP YoY
12.2
-1
2.2
3.75
Low
10:00
IE
Current Account
22.6
-0.4
15.8
17.50
Low
10:00
IE
GNP QoQ
3
-2.7
3.3
2.48
Low
10:00
IE
GDP Growth Rate QoQ
0.9
-3.6
1.1
1.10
Low
00:01
IE
AIB Services PMI
55
53.3
53.5
53.72
Low
Tuesday, June 4, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
00:01
IE
AIB Manufacturing PMI
49.8
47.6
48.4
48.53
Low
Thursday, May 30, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
23:01
IE
Consumer Confidence
65.7
67.8
67
66.83
Low
10:00
IE
Harmonised Inflation Rate MoM
0.5
0.2
0.4
0.23
Low
10:00
IE
Construction Output YoY
-12.7
-6.2
-3.4
-4.12
Low
10:00
IE
Harmonised Inflation Rate YoY
1.9
1.6
2
1.98
Low
Wednesday, May 29, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Average Weekly Earnings YoY
4.7
2.6
2.2
3.30
Low
Tuesday, May 28, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Retail Sales YoY
-0.9
2
2
1.58
Low
10:00
IE
Retail Sales MoM
-1.2
2.1
-0.5
-0.95
Low
Wednesday, May 22, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Wholesale Prices MoM
0.8
-0.9
0.5
-0.07
Low
10:00
IE
Wholesale Prices YoY
3.8
2
3.5
1.87
Low
Thursday, May 16, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Balance of Trade
6.9
5.8
3.3
4.90
Low
Wednesday, May 15, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Residential Property Prices YoY
7.3
6.2
6.5
6.50
Low
10:00
IE
Residential Property Prices MoM
0.4
0.5
0.5
0.60
Low
Monday, May 13, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
00:01
IE
Construction PMI
53.2
51.6
49
49.15
Low
Thursday, May 9, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Industrial Production YoY
35.2
-34.7
5
2.30
Low
10:00
IE
Harmonised Inflation Rate MoM
0.2
0.3
0.2
0.03
Low
10:00
IE
Harmonised Inflation Rate YoY
1.6
1.7
1.6
1.58
Low
10:00
IE
Inflation Rate MoM
0.2
0.5
0.1
-0.08
Low
10:00
IE
Inflation Rate YoY
2.6
2.9
2.8
2.47
Low
Friday, May 3, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
00:01
IE
AIB Services PMI
53.3
56.6
56
56.22
Low
Monday, April 29, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Retail Sales MoM
1.7
-1.1
1.8
1.35
Low
10:00
IE
GDP Growth Rate QoQ
1.1
-3.4
1
1.00
Low
10:00
IE
Harmonised Inflation Rate MoM
0.2
0.3
0.4
0.23
Low
10:00
IE
Retail Sales YoY
1
1.7
1
0.58
Low
10:00
IE
GDP Growth Rate YoY
-0.8
-8.7
-2.6
-2.75
Low
10:00
IE
Harmonised Inflation Rate YoY
1.6
1.7
1.7
1.68
Low
Sunday, April 28, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
23:00
IE
Consumer Confidence
67.8
69.5
71.5
71.33
Low
Monday, April 22, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Wholesale Prices MoM
-0.9
1.1
0.3
-0.27
Low
10:00
IE
Wholesale Prices YoY
2
3.3
2.6
0.97
Low
Wednesday, April 17, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Residential Property Prices MoM
0.3
0.7
0.6
0.70
Low
10:00
IE
Residential Property Prices YoY
6.1
5.4
5.5
5.50
Low
Tuesday, April 16, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Balance of Trade
5.9
9.4
9
10.60
Low
Monday, April 15, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
00:01
IE
Construction PMI
51.6
47.4
47.5
47.65
Low
Thursday, April 11, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
CPI
100.2
99.7
100.1
99.95
Low
10:00
IE
Inflation Rate MoM
0.5
1
0.4
0.22
Low
10:00
IE
Harmonised Inflation Rate YoY
1.7
2.3
1.7
1.68
Low
10:00
IE
Inflation Rate YoY
2.9
3.4
2.8
2.47
Low
10:00
IE
Harmonised Inflation Rate MoM
0.3
1.1
0.3
0.13
Low
Tuesday, April 9, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Industrial Production YoY
-34.9
-30
15
12.30
Low
Thursday, April 4, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Unemployment Rate
4.3
4.2
4.4
4.37
Low
00:01
IE
AIB Services PMI
56.6
54.4
53.5
53.72
Low
Tuesday, April 2, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
10:00
IE
Harmonised Inflation Rate YoY
1.7
2.3
2.2
2.18
Low
10:00
IE
Harmonised Inflation Rate MoM
0.3
1.1
0.8
0.63
Low
00:01
IE
AIB Manufacturing PMI
49.6
52.2
52
52.13
Low
Thursday, March 28, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Retail Sales YoY
1.1
5.3
2.5
2.08
Low
11:00
IE
Retail Sales MoM
-2
2
0.6
0.15
Low
Tuesday, March 26, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
00:01
IE
Consumer Confidence
69.5
70.2
69
68.83
Low
Friday, March 22, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Wholesale Prices MoM
1.1
1.4
0.1
-0.47
Low
11:00
IE
Wholesale Prices YoY
3.3
2.2
2.3
0.67
Low
Wednesday, March 20, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Residential Property Prices MoM
0.7
1.3
0.7
0.80
Low
11:00
IE
Residential Property Prices YoY
5.4
4.1
5
5.00
Low
Thursday, March 14, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
CPI
99.7
98.7
99.7
99.55
Low
11:00
IE
Harmonised Inflation Rate YoY
2.3
2.7
2.2
2.18
Low
11:00
IE
Inflation Rate YoY
3.4
4.1
3.6
3.27
Low
11:00
IE
Inflation Rate MoM
1
-1.3
1
0.82
Low
11:00
IE
Harmonised Inflation Rate MoM
1.1
-1.4
0.9
0.73
Low
Monday, March 11, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
01:01
IE
Construction PMI
47.4
45.9
46.7
46.85
Low
Friday, March 8, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Industrial Production YoY
-31.9
32.2
29
26.30
Low
Wednesday, March 6, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Unemployment Rate
4.2
4.5
4.6
4.57
Low
Tuesday, March 5, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
01:01
IE
AIB Services PMI
54.4
50.5
50.2
50.42
Low
Friday, March 1, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
GDP Growth Rate QoQ
-3.4
-2.5
-0.7
-0.70
Low
11:00
IE
GNP QoQ
-4.2
-1.1
-0.3
-1.12
Low
11:00
IE
GDP Growth Rate YoY
-8.7
-5.8
-3.4
-3.55
Low
11:00
IE
GNP YoY
-1
11.4
3.2
4.75
Low
11:00
IE
Average Weekly Earnings YoY
2.1
4.4
4.2
5.30
Low
11:00
IE
Current Account
-0.4
20.8
15.2
16.90
Low
01:01
IE
AIB Manufacturing PMI
52.2
49.5
50.1
50.23
Low
Thursday, February 29, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Harmonised Inflation Rate YoY
2.2
2.7
2.5
2.48
Low
11:00
IE
Harmonised Inflation Rate MoM
0.9
-1.4
1.3
1.13
Low
Wednesday, February 28, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Retail Sales MoM
0.5
0.3
1.1
0.65
Low
11:00
IE
Retail Sales YoY
2.7
2.7
2.5
2.08
Low
Monday, February 26, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Construction Output YoY
-6.3
-7.4
-4.5
-5.22
Low
03:01
IE
Consumer Confidence
70.2
74.2
74
73.83
Low
Thursday, February 22, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Wholesale Prices MoM
1.4
-0.6
-0.3
-0.87
Low
11:00
IE
Wholesale Prices YoY
2.2
2.1
2.2
0.57
Low
Wednesday, February 21, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Residential Property Prices MoM
1.5
1
0.6
0.70
Low
11:00
IE
Residential Property Prices YoY
4.4
3.1
3
3.00
Low
Thursday, February 15, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Balance of Trade
2
2.5
4
5.60
Low
11:00
IE
CPI
119.6
121.1
120.6
120.45
Low
11:00
IE
Inflation Rate MoM
-1.3
0.5
-0.4
-0.58
Low
11:00
IE
Inflation Rate YoY
4.1
4.6
4.4
4.07
Low
11:00
IE
Harmonised Inflation Rate MoM
-1.4
0.4
-1.4
-1.57
Low
11:00
IE
Harmonised Inflation Rate YoY
2.7
3.2
2.7
2.68
Low
Monday, February 12, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
01:01
IE
Construction PMI
45.9
45.1
45.3
45.45
Low
Friday, February 9, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Industrial Production YoY
40.5
-20.9
11
8.30
Low
Tuesday, February 6, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
01:01
IE
AIB Services PMI
50.5
53.2
52.5
52.72
Low
Thursday, February 1, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
01:01
IE
AIB Manufacturing PMI
49.5
48.9
50.3
50.43
Low
Wednesday, January 31, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Unemployment Rate
4.5
4.5
4.9
4.87
Low
11:00
IE
Harmonised Inflation Rate MoM
-1.4
0.4
-0.8
-0.97
Low
11:00
IE
Harmonised Inflation Rate YoY
2.7
3.2
3.3
3.28
Low
Tuesday, January 30, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Wholesale Prices MoM
-0.6
-0.1
0.2
-0.37
Low
11:00
IE
Wholesale Prices YoY
2.1
1.4
0.5
-1.13
Low
Monday, January 29, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Retail Sales YoY
3.9
1.1
-0.5
-0.92
Low
11:00
IE
Retail Sales MoM
0.9
0.5
0
-0.45
Low
01:01
IE
Consumer Confidence
74.2
62.4
62.7
62.53
Low
Friday, January 26, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
GDP Growth Rate QoQ
-0.7
-1.9
-0.2
-0.20
Low
11:00
IE
GDP Growth Rate YoY
-3.4
-5.8
-4
-4.15
Low
Wednesday, January 24, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Residential Property Prices YoY
2.9
2.2
3
3.00
Low
11:00
IE
Residential Property Prices MoM
0.8
1
1
1.10
Low
Tuesday, January 16, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Inflation Rate MoM
0.5
-0.8
0
-0.18
Low
11:00
IE
Harmonised Inflation Rate MoM
0.4
-0.9
0.4
0.23
Low
11:00
IE
Inflation Rate YoY
4.6
3.9
4.3
3.97
Low
11:00
IE
CPI
121.1
120.5
120
119.85
Low
11:00
IE
Harmonised Inflation Rate YoY
3.2
2.5
3.2
3.18
Low
Monday, January 15, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Balance of Trade
4.2
6.6
6.1
7.70
Low
01:01
IE
Construction PMI
45.1
44.5
46
46.15
Low
Wednesday, January 10, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Unemployment Rate
4.9
4.8
4.7
4.67
Medium
Tuesday, January 9, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Retail Sales MoM
0.2
-0.1
-0.1
-0.55
Low
11:00
IE
Industrial Production YoY
-29.9
-31.6
-25
-27.70
Low
11:00
IE
Retail Sales YoY
0.8
0.2
0.4
-0.02
Low
Thursday, January 4, 2024
Actual
Previous
Consensus
Sigmanomics Rolling-Surprise Forecast
Impact
11:00
IE
Harmonised Inflation Rate MoM
0.4
-0.9
-0.1
-0.27
Low
11:00
IE
Harmonised Inflation Rate YoY
3.2
2.5
2.7
2.68
Low
01:01
IE
AIB Services PMI
53.2
54.2
54.7
54.92
Low
Symbol
Price
Analysis and Forecast
Industrial Production YoY in Ireland Slows Sharply in November November 2025 Industrial Production YoY Shows Cooling Growth Industrial Production YoY measures the annual change in output from manufacturing, mining, and utilities sectors, reflecting overall industrial health. Ireland’s latest Industrial Production YoY reading for November 2025 rose 10.30%, down significantly from October’s 23.80% and missing the 6.20% forecast. This slowdown highlights a marked easing in industrial momentum after a strong rebound earlier this year. According to Morgan Stanley’s chief European economist, “The moderation in Ireland’s Industrial Production YoY suggests that supply chain normalization and softer external demand are weighing on growth, even as domestic fundamentals remain solid.” The data points to a cooling phase amid tighter ECB monetary policy and cautious investor sentiment. While still positive, the 10.30% increase signals that Ireland’s industrial sector is adjusting to a less buoyant global environment, with export-driven industries facing headwinds. Market reactions have been muted, reflecting a wait-and-see stance on future policy moves and economic resilience.
The November 2025 Industrial Production YoY print of 10.30% marks a sharp decline from October’s 23.80% and is below the 12-month average of 24.10%. This signals a reversal from the strong rebound seen in mid-2025, when production peaked at 46.50% in May.
Month-over-month, the index contracted by 4.70%, reflecting supply chain normalization and cooling external demand. The chart below illustrates the steep decline from the spring highs and the recent stabilization around 10% growth.