CSO - Central Statistics Office Ireland

09/08/2024 | Press release | Distributed by Public on 09/08/2024 09:14

Industrial Production and Turnover June 2024

Production in manufacturing industries up 6.2% in the three months to June 2024

Online ISSN: 2009-5384
CSO statistical publication, 09 August 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 April to June 2024, production in manufacturing industries increased by 6.2% when compared with the previous three-month period.

  • On a monthly basis, production in manufacturing industries fell by 4.6% in June 2024.

  • When compared with the same three-month period in 2023, production in manufacturing industries was 10.1% lower in the three months from April to June 2024.

  • In the three-month period from April to June 2024, the Modern sector experienced an annual decrease of 13.6% in production when compared with the same three-month period in 2023. In contrast, annual production in the Traditional sector grew by 11.1% during the same period.

  • From April to June 2024, turnover in manufacturing industries was up by 5.5% when compared with the previous three-month period.

Statistician's Comment

The Central Statistics Office (CSO) has today (09 August 2024) released the Industrial Production and Turnover Index for June 2024.

Commenting on the release, Colin Cotter, Statistician in the Enterprise Statistics Division, said: "Production in manufacturing industries increased by 6.2% from April to June 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 fell by 4.6% between May and June 2024. On an annual basis, production in this sector was 10.1% lower in the three months from April to June 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 a decrease of 13.6% in industrial production between April and June 2024, when compared with the same period in 2023. In contrast, the Traditional sector experienced an increase of 11.1% from April to June 2024, compared with the same period in 2023 (See Table 2 and Table 3b).

From April to June 2024, turnover in manufacturing industries was up by 5.5% 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 Base 2021 series

The current Industrial Production and Turnover index series are calculated to Base 2015=100. The base period for these indices is updated every five/six years. The rebased series (2021=100) will be published in the next issue of this release, in September. The rebased indices from January 2021 onwards will be calculated using weights based on the 2021 Census of Industrial Production and deflated using the rebased Wholesale Price Index 2021=100. Revisions to some components of raw data will be observed and explained fully as part of the revised series being published in the Industrial Production and Turnover release, with full details available on PxStat.

Note on Review of Seasonal Adjustment

In line with best practice, the CSO has been conducting a review of the seasonal adjustment methodology used in this monthly Industrial Production and Turnover series. This review is due to be finalised shortly and, in the meantime, the CSO will continue to implement the direct method of seasonal adjustment.

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 2015 = 100)
Seasonally Adjusted Unadjusted
Production Index Turnover Index Production Index Turnover Index
June 2023 197.0 149.1 172.3 138.8
May 2024 167.4 140.8 134.8 134.7
June 2024 159.8 141.8 141.7 133.4
Monthly % change -4.6% 0.7% 5.2% -0.9%
Annual % change -18.9% -4.9% -17.7% -3.9%
January 2024 - March 2024 151.9 134.0 137.8 129.2
April 2024 - June 2024 161.3 141.3 143.0 137.2
% change 6.2% 5.5% 3.8% 6.2%

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, June 2022-June 2024

© Central Statistics Office, Ireland
https://data.cso.ie/table/MIM04

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Table 1 Seasonally Adjusted Production Indices for Industrial Sectors
Table 1 Seasonally Adjusted1 Production Indices for Industrial Sectors Base Year: 2015=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 186.0 20.0 181.9 18.9
2023 Year 171.0 -8.1 167.8 -7.7
2022 1st quarter 176.0 8.1 9.5 168.1 11.8 8.2
2nd quarter 175.3 -0.4 18.6 166.9 -0.7 14.9
3rd quarter 187.9 7.2 21.3 197.9 18.6 23.4
4th quarter 198.6 5.7 22.0 185.1 -6.5 23.1
2023 1st quarter 188.7 -5.0 7.2 182.1 -1.6 8.3
2nd quarter 179.3 -5.0 2.3 169.8 -6.7 1.8
3rd quarter 146.2 -18.5 -22.2 156.9 -7.6 -20.7
4th quarter 183.6 25.6 -7.5 162.8 3.7 -12.0
2024 1st quarter 151.9 -17.3 -19.5 149.4 -8.2 -17.9
2nd quarter2 161.3 6.2 -10.1 153.1 2.4 -9.9
2022 June 190.0 -0.3 50.7 172.1 -6.6 43.8
July 153.7 -19.1 -5.9 160.1 -7.0 -3.3
August 203.4 32.3 40.2 217.0 35.6 41.2
September 206.5 1.5 32.1 216.7 -0.1 33.8
October 210.4 1.9 57.2 212.9 -1.8 56.7
November 199.6 -5.1 42.9 199.8 -6.1 39.2
December 185.7 -7.0 -13.6 142.5 -28.7 -17.0
2023 January 213.7 15.1 21.6 214.6 50.6 25.3
February 230.9 8.0 29.6 215.0 0.2 29.1
March 121.6 -47.3 -30.2 116.6 -45.8 -29.9
April 183.4 50.8 26.3 178.4 52.9 23.5
May 157.7 -14.0 -17.3 153.1 -14.1 -16.9
June 197.0 24.9 3.6 178.0 16.3 3.4
July 144.9 -26.5 -5.8 154.6 -13.2 -3.4
August 145.6 0.5 -28.4 159.5 3.2 -26.5
September 148.1 1.7 -28.3 156.7 -1.8 -27.7
October 140.4 -5.2 -33.3 145.3 -7.3 -31.8
November 157.2 12.0 -21.2 155.8 7.3 -22.0
December 253.2 61.0 36.4 187.3 20.2 31.4
2024 January 144.2 -43.0 -32.5 149.5 -20.2 -30.4
February 144.7 0.3 -37.3 141.9 -5.0 -34.0
March 166.8 15.3 37.2 156.9 10.6 34.5
April 156.8 -6.0 -14.5 151.7 -3.3 -15.0
May 167.4 6.8 6.1 160.0 5.5 4.5
June2 159.8 -4.6 -18.9 147.5 -7.8 -17.2
1 Based on Seasonal Patterns up to June 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: 2015=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 186.0 20.0 181.9 18.9
2023 Year 171.0 -8.1 167.8 -7.7
2022 1st quarter 160.1 -7.5 9.0 157.3 -7.2 7.6
2nd quarter 154.0 -3.8 16.2 151.3 -3.8 14.9
3rd quarter 204.3 32.7 22.0 199.1 31.5 21.0
4th quarter 225.5 10.3 30.3 220.0 10.5 29.8
2023 1st quarter 173.0 -23.3 8.1 169.6 -22.9 7.8
2nd quarter 160.3 -7.3 4.1 157.7 -7.0 4.2
3rd quarter 158.6 -1.1 -22.4 156.0 -1.1 -21.6
4th quarter 191.9 21.0 -14.9 188.1 20.5 -14.5
2024 1st quarter 137.8 -28.2 -20.3 136.6 -27.4 -19.4
2nd quarter1 143.0 3.7 -10.8 141.2 3.4 -10.5
2022 June 162.3 7.1 54.4 159.0 6.6 51.1
July 160.6 -1.0 -6.1 157.0 -1.3 -6.5
August 160.0 -0.4 39.1 156.5 -0.3 36.3
September 292.4 82.8 35.2 283.8 81.4 34.4
October 276.2 -5.6 52.1 269.0 -5.2 51.4
November 266.6 -3.5 46.4 259.7 -3.5 45.5
December 133.7 -49.8 -13.9 131.4 -49.4 -13.8
2023 January 243.0 81.7 19.9 236.7 80.1 19.4
February 175.2 -27.9 29.1 171.5 -27.5 28.1
March 100.8 -42.5 -28.9 100.5 -41.4 -28.0
April 182.2 80.8 23.0 178.8 77.8 22.6
May 126.5 -30.6 -16.5 125.4 -29.9 -15.9
June 172.3 36.2 6.2 169.0 34.8 6.3
July 149.3 -13.3 -7.0 147.2 -12.9 -6.2
August 114.2 -23.5 -28.6 113.4 -23.0 -27.5
September 212.2 85.8 -27.4 207.4 83.0 -26.9
October 181.2 -14.6 -34.4 177.5 -14.4 -34.0
November 212.6 17.3 -20.2 208.0 17.1 -19.9
December 182.0 -14.4 36.1 178.7 -14.1 36.0
2024 January 162.9 -10.5 -32.9 160.7 -10.1 -32.1
February 110.1 -32.4 -37.2 110.0 -31.6 -35.9
March 140.4 27.5 39.3 139.2 26.6 38.4
April 152.4 8.5 -16.4 150.4 8.1 -15.9
May 134.8 -11.6 6.5 133.5 -11.3 6.4
June1 141.7 5.2 -17.7 139.7 4.7 -17.3
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: 2015=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 199.1 21.6 117.4 4.5
2023 Year 179.3 -9.9 124.8 6.2
2022 1st quarter 181.1 10.9 7.7 116.9 7.3 6.3
2nd quarter 180.9 -0.1 20.2 113.6 -2.8 -5.4
3rd quarter 222.3 22.9 27.7 119.4 5.1 8.5
4th quarter 204.5 -8.0 25.2 120.2 0.7 10.3
2023 1st quarter 194.6 -4.9 7.4 120.9 0.6 3.5
2nd quarter 181.3 -6.8 0.3 123.3 1.9 8.5
3rd quarter 166.9 -8.0 -25.0 126.4 2.6 5.9
4th quarter 174.0 4.2 -14.9 129.3 2.3 7.6
2024 1st quarter 151.1 -13.2 -22.4 133.9 3.6 10.8
2nd quarter3 156.7 3.7 -13.6 136.9 2.2 11.1
2022 June 190.9 -5.5 60.5 111.3 -4.0 -9.4
July 169.5 -11.2 -4.2 119.0 6.8 6.3
August 254.9 50.4 50.2 122.4 2.9 11.2
September 242.6 -4.8 38.2 116.8 -4.5 7.9
October 238.5 -1.7 64.3 128.9 10.3 16.8
November 222.9 -6.6 45.3 124.5 -3.4 7.9
December 152.2 -31.7 -20.6 107.2 -13.9 6.0
2023 January 216.0 41.9 23.1 122.4 14.1 4.5
February 250.8 16.2 35.5 120.8 -1.2 1.5
March 117.0 -53.4 -36.0 119.6 -1.1 4.4
April 189.9 62.4 26.9 120.1 0.4 5.7
May 157.9 -16.9 -21.9 127.5 6.2 10.0
June 196.2 24.2 2.8 122.2 -4.2 9.7
July 161.5 -17.7 -4.7 125.0 2.3 5.0
August 171.9 6.4 -32.6 125.8 0.7 2.8
September 167.2 -2.7 -31.1 128.5 2.1 10.0
October 153.6 -8.1 -35.6 125.4 -2.4 -2.7
November 165.8 7.9 -25.6 128.8 2.7 3.5
December 202.5 22.2 33.1 133.7 3.8 24.7
2024 January 140.2 -30.8 -35.1 132.8 -0.7 8.5
February 144.3 2.9 -42.5 131.2 -1.2 8.6
March 168.7 16.9 44.2 137.8 5.1 15.3
April 151.9 -10.0 -20.1 137.5 -0.2 14.5
May 165.6 9.1 4.9 135.1 -1.8 5.9
June3 152.5 -7.9 -22.3 138.2 2.3 13.1
1 Based on Seasonal Patterns up to June 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 June and Table 3c relates to final results for May.

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Table 3a Seasonally Adjusted Production and Turnover Indices for Industrial Sectors - Provisional Results June 2024
Table 3a Seasonally Adjusted1 Production and Turnover Indices for Industrial Sectors - Provisional Results June 20242 Base Year: 2015=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) 158.3 -1.8 28.1 148.1 1.1 11.2
Meat & Meat Products (101) 121.5 -0.5 -4.9 142.1 -1.7 -2.8
Dairy Products (105) 130.3 -0.3 6.8 182.1 -0.4 -6.4
Bakery & Farinaceous Products (107) 117.5 -4.2 -0.9 120.4 -5.5 0.5
Grain Mill & Starch Products; Prepared Animal Feeds (106,109) 189.5 -1.2 6.9 180.7 0.7 -1.8
Other Food Products (102-104,108) 166.0 -3.6 39.2 134.1 -1.7 29.1
Beverages (11) * * * * * *
Textiles, Wearing Apparel & Leather Related Products (13-15) 101.4 5.1 1.7 150.5 7.0 0.1
Wood & Wood Products, except Furniture (16) 290.7 2.1 23.1 216.4 -1.7 2.5
Paper & Paper Products; Printing & Reproduction of Recorded Media (17-18) 68.8 -3.9 -14.9 87.8 -3.5 -16.7
Chemicals & Chemical Products (20) * * * * * *
Basic Pharmaceutical Products & Preparations (21) * * * * * *
Rubber & Plastic Products (22) 152.8 2.7 14.7 190.1 -0.2 10.8
Other Non-Metallic Mineral Products (23) 144.8 -5.2 -5.9 193.6 -1.3 -2.1
Basic Metals & Fabricated Metal Products (24-25) 184.9 4.1 2.6 228.0 -3.0 6.1
Computer, Electronic & Optical Products (26) * * * * * *
Electrical Equipment (27) 165.6 -6.4 -2.9 173.5 -1.8 -8.6
Machinery & Equipment, not elsewhere classified (28) * * * * * *
Transport Equipment (29-30) 99.6 -19.0 -10.4 107.7 -24.0 -9.9
Tobacco, Leather, Coke & Refined Petroleum Products, Transport Equipment, Furniture, Repair & Installation of Machinery & Equipment (12,15,19,29-31,33) 99.2 -1.4 -14.4 148.1 0.1 -4.8
Modern (20,21,26,27,182,325) 152.5 -7.9 -22.3 .. .. ..
Traditional (All excluding Modern) 138.2 2.3 13.1 .. .. ..
Electricity, Gas, Steam & Air Conditioning Supply (35) 76.3 -2.7 13.5 .. .. ..
Manufacturing Industries (10-33) 159.8 -4.6 -18.9 141.8 0.7 -4.9
Mining & Quarrying (05-09) * * * 261.8 -9.6 -22.3
Transportable Goods Industries (05-33) 151.8 -7.1 -19.2 142.3 0.6 -5.1
Industries (05-35) 147.5 -7.8 -17.2 .. .. ..
1 Based on Seasonal Patterns up to June 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: 2015=100
April 2024 - June 2024 April 2024 - June 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) 163.0 4.9 28.5 148.4 4.2 9.1
Meat & Meat Products (101) 122.2 -1.6 -1.0 143.0 -1.6 0.3
Dairy Products (105) 131.8 -3.3 9.5 186.0 -7.9 -7.0
Bakery & Farinaceous Products (107) 120.0 -1.7 1.6 124.5 -3.4 3.3
Grain Mill & Starch Products; Prepared Animal Feeds (106,109) 184.9 24.5 8.2 176.7 8.7 -2.3
Other Food Products (102-104,108) 172.8 7.5 36.4 137.7 11.7 24.8
Beverages (11) * * * * * *
Textiles, Wearing Apparel & Leather Related Products (13-15) 99.0 5.1 2.7 146.0 5.6 4.2
Wood & Wood Products, except Furniture (16) 287.2 14.6 23.8 219.9 7.1 4.0
Paper & Paper Products; Printing & Reproduction of Recorded Media (17-18) 69.8 -1.9 -18.1 89.4 -4.3 -10.0
Chemicals & Chemical Products (20) * * * * * *
Basic Pharmaceutical Products & Preparations (21) * * * * * *
Rubber & Plastic Products (22) 149.7 -3.6 6.9 187.4 0.4 11.5
Other Non-Metallic Mineral Products (23) 146.2 0.7 -7.8 194.8 5.4 -0.8
Basic Metals & Fabricated Metal Products (24-25) 181.3 -1.8 -8.2 232.8 3.0 2.1
Computer, Electronic & Optical Products (26) * * * * * *
Electrical Equipment (27) 176.0 -0.2 16.6 180.9 -4.1 12.7
Machinery & Equipment, not elsewhere classified (28) * * * * * *
Transport Equipment (29-30) 119.0 11.2 9.2 126.9 9.9 11.6
Tobacco, Leather, Coke & Refined Petroleum Products, Transport Equipment, Furniture, Repair & Installation of Machinery & Equipment (12,15,19,29-31,33) 100.3 2.3 -13.6 148.1 0.6 -7.5
Modern (20,21,26,27,182,325) 156.7 3.7 -13.6 .. .. ..
Traditional (All excluding Modern) 136.9 2.2 11.1 .. .. ..
Electricity, Gas, Steam & Air Conditioning Supply (35) 79.0 -8.4 12.8 .. .. ..
Manufacturing Industries (10-33) 161.3 6.2 -10.1 141.3 5.5 7.0
Mining & Quarrying (05-09) * * * 271.8 -4.9 -17.7
Transportable Goods Industries (05-33) 155.5 4.3 -10.4 141.9 5.4 6.7
Industries (05-35) 153.1 2.4 -9.9 .. .. ..
1 Based on Seasonal Patterns up to June 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 May 2024
Table 3c Seasonally Adjusted1 Production and Turnover Indices for Industrial Sectors - Final Results May 2024 Base Year: 2015=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) 161.2 -4.9 19.5 146.5 -2.8 3.5
Meat & Meat Products (101) 122.1 -0.9 0.2 144.5 1.5 2.5
Dairy Products (105) 130.6 -3.0 6.9 182.9 -5.2 -8.1
Bakery & Farinaceous Products (107) 122.7 2.4 3.4 127.4 1.4 4.9
Grain Mill & Starch Products; Prepared Animal Feeds (106,109) 191.8 10.5 2.1 179.3 5.4 -2.0
Other Food Products (102-104,108) 172.1 -4.5 23.3 136.5 -4.3 13.6
Beverages (11) * * * * * *
Textiles, Wearing Apparel & Leather Related Products (13-15) 96.4 -2.8 1.9 140.7 -4.2 1.2
Wood & Wood Products, except Furniture (16) 284.7 -0.6 12.1 220.3 -1.3 -3.7
Paper & Paper Products; Printing & Reproduction of Recorded Media (17-18) 71.6 4.0 -18.3 91.0 1.7 -4.8
Chemicals & Chemical Products (20) * * * * * *
Basic Pharmaceutical Products & Preparations (21) * * * * * *
Rubber & Plastic Products (22) 148.8 0.9 2.4 190.4 4.8 11.7
Other Non-Metallic Mineral Products (23) 152.8 8.4 -4.1 196.1 0.7 -1.2
Basic Metals & Fabricated Metal Products (24-25) 177.6 -2.1 -12.2 235.2 0.0 -5.8
Computer, Electronic & Optical Products (26) * * * * * *
Electrical Equipment (27) 177.0 -4.6 28.8 176.7 -8.2 28.6
Machinery & Equipment, not elsewhere classified (28) * * * * * *
Transport Equipment (29-30) 123.0 -8.5 15.5 141.8 8.3 24.5
Tobacco, Leather, Coke & Refined Petroleum Products, Transport Equipment, Furniture, Repair & Installation of Machinery & Equipment (12,15,19,29-31,33) 100.7 -0.3 -15.2 147.9 -0.3 -9.2
Modern (20,21,26,27,182,325) 165.6 9.1 4.9 .. .. ..
Traditional (All excluding Modern) 135.1 -1.8 5.9 .. .. ..
Electricity, Gas, Steam & Air Conditioning Supply (35) 78.4 -4.8 9.3 .. .. ..
Manufacturing Industries (10-33) 167.4 6.8 6.1 140.8 -0.4 40.6
Mining & Quarrying (05-09) * * * 289.5 9.6 -11.2
Transportable Goods Industries (05-33) 163.3 7.9 5.8 141.5 -0.3 39.7
Industries (05-35) 160.0 5.5 4.5 .. .. ..
1 Based on Seasonal Patterns up to June 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: 2015=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 156.0 23.4 156.7 23.4
2023 Year 142.8 -8.5 143.5 -8.4
2022 1st quarter 136.2 0.9 13.9 137.0 1.1 14.3
2nd quarter 146.1 7.2 19.7 146.8 7.2 19.8
3rd quarter 164.0 12.3 25.3 164.6 12.1 25.3
4th quarter 173.5 5.8 28.5 174.1 5.8 28.5
2023 1st quarter 160.6 -7.5 17.9 161.2 -7.4 17.7
2nd quarter 132.1 -17.7 -9.6 133.0 -17.5 -9.4
3rd quarter 132.8 0.5 -19.0 133.6 0.4 -18.8
4th quarter 149.9 12.9 -13.6 150.6 12.7 -13.5
2024 1st quarter 134.0 -10.6 -16.6 134.6 -10.6 -16.5
2nd quarter3 141.3 5.5 7.0 141.9 5.4 6.7
2022 June 150.8 -2.7 39.1 151.5 -2.7 39.0
July 147.8 -2.0 10.6 148.3 -2.1 10.7
August 168.5 14.0 27.8 169.1 14.1 27.8
September 175.7 4.3 38.3 176.3 4.3 38.2
October 201.7 14.8 66.3 202.3 14.7 66.1
November 165.1 -18.1 26.2 165.7 -18.1 26.1
December 153.7 -6.9 0.6 154.2 -7.0 0.6
2023 January 164.9 7.3 21.2 165.5 7.4 21.0
February 172.6 4.6 30.1 173.1 4.6 29.8
March 144.3 -16.4 3.2 145.0 -16.2 2.9
April 147.1 2.0 11.1 147.9 2.0 10.9
May 100.1 -32.0 -35.4 101.3 -31.5 -35.0
June 149.1 48.9 -1.2 149.9 48.1 -1.0
July 134.0 -10.1 -9.4 134.8 -10.1 -9.1
August 133.3 -0.5 -20.9 134.2 -0.4 -20.7
September 131.0 -1.8 -25.5 131.7 -1.8 -25.3
October 130.2 -0.6 -35.5 130.9 -0.6 -35.3
November 128.6 -1.2 -22.1 129.5 -1.0 -21.9
December 190.9 48.4 24.2 191.4 47.8 24.1
2024 January 126.6 -33.7 -23.3 127.3 -33.5 -23.1
February 129.8 2.6 -24.8 130.5 2.5 -24.6
March 145.6 12.1 0.9 146.0 11.9 0.7
April 141.3 -2.9 -4.0 141.9 -2.8 -4.1
May 140.8 -0.4 40.6 141.5 -0.3 39.7
June3 141.8 0.7 -4.9 142.3 0.6 -5.1
1 Based on Seasonal Patterns up to June 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: 2015=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 156.0 23.4 156.7 23.4
2023 Year 142.8 -8.5 143.5 -8.4
2022 1st quarter 132.7 -1.4 13.9 133.4 -1.3 14.3
2nd quarter 139.6 5.2 19.9 140.4 5.3 20.0
3rd quarter 174.7 25.2 26.4 175.3 24.9 26.3
4th quarter 177.0 1.3 31.5 177.5 1.2 31.4
2023 1st quarter 156.7 -11.4 18.1 157.2 -11.4 17.9
2nd quarter 127.9 -18.4 -8.3 128.9 -18.0 -8.2
3rd quarter 140.3 9.7 -19.7 141.2 9.6 -19.5
4th quarter 146.1 4.1 -17.5 146.8 3.9 -17.3
2024 1st quarter 129.2 -11.6 -17.6 129.7 -11.6 -17.5
2nd quarter2 137.2 6.2 7.2 137.8 6.2 6.9
2022 June 138.0 -3.8 42.0 138.7 -3.8 41.8
July 152.4 10.5 9.2 152.9 10.2 9.3
August 143.8 -5.7 28.3 144.6 -5.4 28.3
September 227.9 58.5 39.6 228.5 58.0 39.5
October 230.6 1.2 66.5 231.1 1.1 66.3
November 178.5 -22.6 25.3 179.0 -22.5 25.2
December 122.0 -31.7 -0.7 122.4 -31.6 -0.7
2023 January 189.3 55.2 20.6 189.5 54.8 20.4
February 156.6 -17.3 29.1 157.0 -17.2 28.9
March 124.3 -20.6 3.7 125.1 -20.3 3.5
April 150.4 21.0 9.6 151.2 20.9 9.4
May 94.6 -37.1 -34.0 95.8 -36.6 -33.6
June 138.8 46.7 0.6 139.7 45.8 0.7
July 135.8 -2.2 -10.9 136.6 -2.2 -10.6
August 114.4 -15.8 -20.5 115.3 -15.6 -20.2
September 170.8 49.3 -25.0 171.7 48.8 -24.9
October 150.0 -12.2 -34.9 150.7 -12.2 -34.8
November 138.0 -8.0 -22.7 138.9 -7.8 -22.4
December 150.3 9.0 23.2 150.8 8.6 23.2
2024 January 144.2 -4.1 -23.8 144.7 -4.1 -23.6
February 117.2 -18.7 -25.2 117.8 -18.6 -24.9
March 126.2 7.7 1.5 126.7 7.5 1.3
April 143.4 13.6 -4.7 144.0 13.7 -4.7
May 134.7 -6.1 42.4 135.5 -5.9 41.5
June2 133.4 -0.9 -3.9 133.9 -1.2 -4.1
1 See Background notes for detailed breakdown.
2 Provisional Indices based on early returns from respondents.