The BNP Paribas Real Estate Construction PMI in Ireland fell to 52.5 in April 2022 from 53.9 in the previous month, sliding for the second month running and pointing to the weakest rise in the current one-year sequence of expansion. Marked, but slower rises in activity on housing and commercial projects were recorded in April, while civil engineering activity decreased for the second month running. Near-record cost pressures acted to depress demand in the Irish construction sector during April, with new orders dropping for the first time since March 2021. Meanwhile, activity, employment and purchasing all continued to rise, albeit at softer rates than seen around the turn of the year. Business confidence remained relatively muted amid worries about the impact of inflation on demand going forward. source: Markit Economics
Construction PMI in Ireland averaged 54.97 points from 2013 until 2022, reaching an all time high of 68.80 points in February of 2016 and a record low of 4.50 points in April of 2020. This page provides - Ireland Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland BNP Paribas Real Estate Construction PMI - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.
Construction PMI in Ireland is expected to be 54.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland BNP Paribas Real Estate Construction PMI is projected to trend around 54.00 points in 2023, according to our econometric models.