Ireland’s construction output growth jumped 23 percent from a year earlier in the first quarter of 2022, rebounding from a 0.1 percent contraction in the previous three-month period. It was the sharpest increase in construction since Q2 of 2021, as activity accelerated for production of residential buildings (76.9 percent vs 0.2 percent in Q4) and civil engineering works (14.1 percent vs 11.3 percent), while construction rebounded for non-residential buildings (17.7 percent vs -2.5 percent). On a quarterly basis, construction output fell by 2.4 percent, following a 5.7 percent rise in the previous period. source: Central Statistics Office Ireland
Construction Output in Ireland averaged -0.63 percent from 2001 until 2022, reaching an all time high of 36.20 percent in the second quarter of 2004 and a record low of -37.60 percent in the second quarter of 2009. This page provides - Ireland Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Construction Output in Ireland is expected to be -16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Construction Output is projected to trend around 5.20 percent in 2023 and 3.20 percent in 2024, according to our econometric models.