Ireland's construction output growth accelerated to 14.9 percent year-on-year in the first quarter of 2020 from a downwardly revised 10.0 percent in the previous three-month period. The year on year change for the residential sector has seen a volume increase of 29.9 percent, non-residential building activity was also up with an increase of 12.9 percent, while civil engineering activity increased by 8.9 percent.
Construction Output in Ireland averaged 0.25 percent from 2001 until 2020, 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. Ireland Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Central Statistics Office Ireland
Construction Output in Ireland is expected to be 8.30 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 4.40 in 12 months time. In the long-term, the Ireland Construction Output is projected to trend around 3.20 percent in 2021, according to our econometric models.