The Ulster Bank Construction PMI fell to 53.1 in June 2019, the lowest since October of 2018, from 54.9 in the previous month. Commercial activity expanded at the second slowest rate in the current 71-month sequence of growth (52.8 vs 53.1 in May), while civil engineering construction declined for the tenth straight month and at the steepest pace since November 2018. (42.3 vs 46.3). Meantime, housing activity growth inched a bit higher (58.4 vs 58.3). At the same time, new order growth was little-changed from May's five-month low, while employment rose for the 70th straight month and quickened from May's 50-month low. On the price front, input price inflation picked up slightly from May's 32-month low, amid higher material costs, notably for steel and insulation. Finally, sentiment dipped to a thee-month low. Construction Pmi in Ireland is reported by Markit Economics.

Construction Pmi in Ireland is expected to be 54.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Pmi in Ireland to stand at 53.00 in 12 months time. In the long-term, the Ireland Ulster Bank Construction PMI is projected to trend around 52.90 in 2020, according to our econometric models.

Ireland Ulster Bank Construction PMI
Forecast Data Chart
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Ireland Housing Last Previous Highest Lowest Unit
Housing Index 107.20 106.70 131.00 58.70 Index Points [+]
New Home Sales 674.00 603.00 879.00 159.00 Units [+]
Building Permits 1823.00 1678.00 7563.00 751.00 [+]
Construction Output 5.90 12.70 36.10 -38.60 percent [+]
Construction Pmi 53.10 54.90 68.80 43.40 [+]
Existing Home Sales 2924.00 2703.00 3671.00 610.00 Units [+]
Home Ownership Rate 69.50 69.80 81.80 68.60 percent [+]

Ireland Ulster Bank Construction PMI

The Ulster Bank Construction Purchasing Managers’ Index® is a seasonally adjusted index designed to track changes in total construction activity in Ireland. Data are collected at mid-month, asking respondents to compare a variety of business conditions with the situation one month ago. A reading of below 50.0 indicates that the economy is generally declining, above 50.0 that it is generally expanding and exactly 50.0 indicates no change on the level recorded the previous month. This page provides - Ireland Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Ulster Bank Construction PMI - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
53.10 54.90 68.80 43.40 2013 - 2019 Monthly

Country Last Previous
Australia 43.00 Jun/19
Euro Area 50.80 Jun/19
France 51.80 Jun/19
Germany 50.00 Jun/19
Italy 50.70 Jun/19
United Kingdom 43.10 Jun/19