Industrial production rises 20.4% year-on-year in December

CSO figures show production slipped by 3.2% on the month

Industrial production was up by 20.4% year-on-year in December

Industrial production fell by 3.2 per cent on the month in December but was 20.4 per cent higher than a year earlier, the Central Statistics Office said.

The modern sector, which includes pharmaceuticals and chemicals and computers, reported a one per cent drop in output compared to November but was up by 36.5 per cent year-on-year.

"The volatility of the production and turnover indices for the modern sector reflects the changes from month ...