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.