The Ulster Bank Construction PMI in Ireland edged up to 66.5 in June 2021 from 66.4 in May, pointing to the second growth in five months following the full reopening of the sector and at one of the strongest rates since the survey began 21 years ago. Housing continued to lead the expansion (68.8 vs 73.4 in May), while rates of growth in commercial (63.8 vs 63.5) and civil engineering activity (57.7 vs 57.6) accelerated marginally. New orders index posted another extremely high reading not far from May’s survey record high, while employment rose for the third month running. Meanwhile, the rate of expansion in input buying was marginally softer than May's record. Suppliers' delivery times continued to lengthen considerably, with the rate of deterioration much faster than anything seen prior to the pandemic. On the cost front, input cost inflation hit a fresh record high for the second month running. Looking ahead, confidence eased to a four-month low. source: Markit Economics
Construction PMI in Ireland averaged 54.82 points from 2013 until 2021, 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 Ulster Bank Construction PMI - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Construction PMI in Ireland is expected to be 52.40 points 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 53.40 in 12 months time. In the long-term, the Ireland Ulster Bank Construction PMI is projected to trend around 52.50 points in 2022, according to our econometric models.