Source and Detailed Article at The Irish Times - Tuesday, July 13, 2010 - http://www.irishtimes.com/newspaper/finance/2010/0713/1224274591079.html

Industrial production in May, when adjusted for seasonal factors, rose by 9.4 per cent on April. A slightly narrower measure of output, which is comparable with other countries, grew only slightly more modestly, at 7.5 per cent. This was well above rates of expansion in the euro zone, Britain and the US, although Irish output levels are highly volatile.

Both the strength of Irish output relative to other countries since the start of the recession and its volatility are explained by the dominant pharmaceutical sector which now accounts for more than half of total industrial production In May pharmaceutical and chemical output expanded by 8.7 per cent month on month.

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