Annual industrial production rises 3.8%

A strong performance by the modern sector of the economy, including pharmaceutical, chemical and technology firms, lifted the…

A strong performance by the modern sector of the economy, including pharmaceutical, chemical and technology firms, lifted the annual rate of manufacturing production by 3.8 per cent in the year to April.

Industrial production and turnover figures from the Central Statistics Office (CSO) showed that the modern sector rose 11.3 per cent while the traditional sector production and turnover fell by 14.9 per cent.

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