The Ulster Bank Construction PMI plunged to 52.9 in October 2018 from 56.2 in the previous month. The latest reading signalled the weakest upturn in output since March 2015 as residential and commercial construction activity increased at slower rates while civil engineering works declined the most in 14 months. New business growth slowed and purchasing activity rose the least since March 2015, while the pace of job creation picked up to three-month low. On the price front, input costs rose at the slowest pace since September 2017. Looking ahead, business optimism was the weakest since August 2013. Construction Pmi in Ireland is reported by Markit Economics.

Construction Pmi in Ireland is expected to be 55.90 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 54.50 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 107.30 106.60 131.00 58.70 Index Points [+]
New Home Sales 678.00 737.00 879.00 159.00 dwellings [+]
Building Permits 1639.00 1718.00 7563.00 751.00 [+]
Construction Output 13.90 16.50 36.10 -38.30 percent [+]
Construction Pmi 52.90 56.20 68.80 43.40 [+]
Existing Home Sales 3143.00 3207.00 3671.00 610.00 dwellings [+]
Home Ownership Rate 69.80 70.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
52.90 56.20 68.80 43.40 2013 - 2018 Monthly

Country Last
Australia 46.40 Oct/18
Euro Area 52.20 Oct/18
France 52.20 Oct/18
Germany 49.80 Oct/18
Italy 55.90 Oct/18
United Kingdom 53.20 Oct/18