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The AIB purchasing managers' index, published on Friday, showed production growth eased to a ten-month low.
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The release follows that of Chinese factory data overnight which showed production rose while cost inflation slowed, easing concerns about monetary tightening.
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The build up in inventories suggests slower production ahead, although a report on manufacturing activity in the U.S. Midwest region showed production rising.
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The seasonally adjusted figures, released this morning, showed production was down 1.9 per cent on the preceding three-month period.
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Profit margins for ethanol refiners have been improving and government data showed production rose in each of the last two weeks, reversing a downward trend.
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The latest figures from the Central Statistics Office (CSO) showed production on a monthly basis was 0.4 per cent higher in September.
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Statistics from the Society of Indian Automobile Manufacturers showed production of scooters and motorcycles in India down 15.7 percent in October from a year ago.