The CSO recently released Industrial Production figures for Ireland for November 2012. Industrial Production has slumped 6.8% year on year and 14.4% quarter on quarter. This follows a trend from August where Production has dropped 13.5% for September and 17.8% in October. Here's the link for the report;
This comprehensive data is inversely proportionate to the PMI (Purchasing Managing Index) figures over the past 6 months which has been proclaimed by the government and the mainstream media and their shills here as the best production figures in Europe and propagated that industry in Ireland is growing and increasing employment much to the credit of our government.
The PMI figures were of course utilised here by one of our resident Pollyanna's (who uses one of the opposition parties as an avatar, quite an example of the Hegelian dialect) to pump up the state propaganda and continue feeding the disinformation even when challenged about the validity of the data by using the official figures. The link for that thread is here;
The CSO official data shows that the quarter up to December 2012 was the worst quarter in 6 years. Soaring? Must be that rocket Noonan was referring to this time last year.....