The Ulster Bank Construction PMI dropped to 55.9 in March 2019 from a seven-month high of 60.5 in the previous month. Both housing (60.8 vs 64.3 in February) and commercial activities (55.5 vs 62.2) increased at softer paces, while civil engineering declined for the seventh straight month and at the fastest rate since November 2018 (43.7 vs 46.9). Meantime, growth in new business and purchasing activity slowed. In contrast, employment expanded at the strongest rate since July last year. On the price front, input price inflation hit its highest in six months and was much faster than the series average, amid reports of greater raw material costs, notably for steel and insulation. Looking forward, sentiment remained strongly positive, although moderating slightly in March on worries about the Brexit. Construction Pmi in Ireland is reported by Markit Economics.

Construction Pmi in Ireland is expected to be 54.90 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 54.20 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 106.40 106.50 131.00 58.70 Index Points [+]
New Home Sales 516.00 638.00 879.00 159.00 Units [+]
Building Permits 1678.00 1813.00 7563.00 751.00 [+]
Construction Output 10.10 17.70 36.10 -38.60 percent [+]
Construction Pmi 55.90 60.50 68.80 43.40 [+]
Existing Home Sales 2491.00 2961.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55.90 60.50 68.80 43.40 2013 - 2019 Monthly

Country Last Previous
Australia 45.60 Mar/19
Euro Area 52.20 Mar/19
France 49.00 Mar/19
Germany 55.60 Mar/19
Italy 51.20 Mar/19
United Kingdom 49.70 Mar/19