The Ulster Bank Construction PMI in Ireland fell to 53.5 in December 2020 from a 15-month high of 53.5 a month earlier, ahead of the end of the Brexit transition. Still, this was the second straight month of increase, amid particular strength in housing activity, where a third successive monthly increase saw its index pick up to a five-month high (56.2 vs 53.0 in November). Meantime, commercial activity decreased slightly (49.7 vs 50.0) and civil engineering work continued to fall (42.0 vs 44.0). New orders grew for the third month running, only slightly slower than November's 19-month high; while employment rose the most since June 2019. Greater demand was also partly behind a sharp rise in buying levels. Meanwhile, suppliers' delivery times lengthened at the fastest pace in over 20 years of data collection. On the price front, input cost inflation eased to a four-month low but remained sharp. Finally, sentiment for the third straight month, improving to the highest since February. source: Markit Economics
Construction PMI in Ireland averaged 55.57 points from 2013 until 2020, 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 January of 2021.
Construction PMI in Ireland is expected to be 52.00 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.