Irish commercial building activity rose significantly in March, becoming the best-performing category within a construction sector that expanded at its fastest rate in three years last month despite rising cost inflation.
In its latest construction purchasing managers’ index, AIB said a strong rise in new business led to growth in employment in the industry as housing activity increased for the seventh month in a row.
The commercial, housing and civil engineering sectors all saw growth in March, despite the bank noting that the pace of input cost inflation quickened again, reaching the fastest rate in nearly two years.
The headline figure in the Construction PMI Index rose to 53.9 from 48.7 in February. Any figure above 50 indicates growth; a number below that signals contraction.
Full article available here: https://www.irishtimes.com/business/2025/04/08/construction-activity-rises-to-highest-in-three-years-following-significant-improvement/
