The volume of output in building and construction in Ireland increased 3.1 percent year-on-year in the third quarter of 2019, following a downwardly revised 5.3 percent growth in the previous period, as civil engineering works rose at a softer pace (3.1 percent vs 23.8 percent in Q2) while non-residential building contracted for the first time since 2015 (-0.5 percent vs 0.9 percent). On the other hand, residential building activity growth accelerated (22.5 percent vs 11.0 percent).
Construction Output in Ireland averaged -0.14 percent from 2001 until 2019, reaching an all time high of 36.10 percent in the second quarter of 2004 and a record low of -38.60 percent in the second quarter of 2009. This page provides - Ireland Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Statistics Office Ireland
Construction Output in Ireland is expected to be 9.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Ireland to stand at 6.90 in 12 months time. In the long-term, the Ireland Construction Output is projected to trend around 3.20 percent in 2020, according to our econometric models.