Construction output in Ireland fell 4.5 percent from a year earlier in the third quarter of 2022, after two quarters of growth. A decline in production for both residential (-20.4 percent vs 12.5 percent in Q3) and non-residential (-4.5 percent vs 6.9 percent) building offset a rebound in civil engineering works (4.8 percent vs -6.5 percent). On a seasonally quarterly basis, construction output decreased 2.7 percent, following a 2.8 percent drop in each of the previous two quarters. source: Central Statistics Office Ireland

Construction Output in Ireland averaged -0.59 percent from 2001 until 2022, reaching an all time high of 36.20 percent in the second quarter of 2004 and a record low of -37.60 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 January of 2023.

Construction Output in Ireland is expected to be -4.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Construction Output is projected to trend around 5.20 percent in 2023 and 3.20 percent in 2024, according to our econometric models.

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Ireland Construction Output



Calendar GMT Actual Previous Consensus TEForecast
2022-09-07 10:00 AM Q2 3.2% 22.9% 21%
2022-12-02 11:00 AM Q3 -4.5% 6.7% 3.9%
2023-03-02 11:00 AM Q4 -4.5%


Related Last Previous Unit Reference
Housing Index 168.50 168.10 points Nov 2022
Existing Home Sales 4076.00 3500.00 Units Nov 2022
New Home Sales 825.00 796.00 Units Nov 2022
Construction Output -4.50 6.70 percent Sep 2022
Building Permits 1930.00 2161.00 Units Sep 2022

Ireland Construction Output
In Ireland, construction output refers to the year over year change in the volume of output in building and construction.
Actual Previous Highest Lowest Dates Unit Frequency
-4.50 6.70 36.20 -37.60 2001 - 2022 percent Quarterly
SA

News Stream
Irish Construction Sector Contracts in Q3
Construction output in Ireland fell 4.5 percent from a year earlier in the third quarter of 2022, after two quarters of growth. A decline in production for both residential (-20.4 percent vs 12.5 percent in Q3) and non-residential (-4.5 percent vs 6.9 percent) building offset a rebound in civil engineering works (4.8 percent vs -6.5 percent). On a seasonally quarterly basis, construction output decreased 2.7 percent, following a 2.8 percent drop in each of the previous two quarters.
2022-12-02
Ireland Construction Output Growth Eases in Q2
Ireland’s construction output grew by 3.2 percent from a year earlier in the second quarter of 2022, easing from the 29.9 percent surge in the previous period. Still, it marked the first period of two consecutive quarters of positive growth since the first quarter of 2020, as continued expansion for residential (15.2 percent vs 68.1 percent in Q1) and non-residential (1.4 percent vs 19 percent) building offset the decline in civil engineering works (-7.6 percent vs 14.8 percent). On a seasonally quarterly basis, construction output fell by 4.5 percent from the upwardly revised 2.7 percent drop in the prior period.
2022-09-07
Irish Construction Sector Grows in Q1
Ireland’s construction output growth jumped 23 percent from a year earlier in the first quarter of 2022, rebounding from a 0.1 percent contraction in the previous three-month period. It was the sharpest increase in construction since Q2 of 2021, as activity accelerated for production of residential buildings (76.9 percent vs 0.2 percent in Q4) and civil engineering works (14.1 percent vs 11.3 percent), while construction rebounded for non-residential buildings (17.7 percent vs -2.5 percent). On a quarterly basis, construction output fell by 2.4 percent, following a 5.7 percent rise in the previous period.
2022-06-02