The volume of output in building and construction in Ireland increased 11.3 percent year-on-year in the second quarter of 2019, following a revised 9.9 percent growth in the previous period, boosted by a pick up in both residential building activity (16.2 percent vs 5.5 percent) and civil engineering work (56.4 percent vs 9.5 percent). At the same time, non-residential building output rose at a softer 1.8 percent, compared to 10.3 percent in the first quarter. Construction Output in Ireland averaged -0.10 percent from 2001 until 2019, 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.
Construction Output in Ireland is expected to be 10.50 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 8.30 in 12 months time. In the long-term, the Ireland Construction Output is projected to trend around 3.20 percent in 2020, according to our econometric models.