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Republic of Ireland Construction PMI – September 2020

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – rose to 47.0 in September from 44.0 in August. Although posting below the 50.0 no-change mark for the second month running, the reading suggested a move towards stabilisation in activity. Moreover, the fall was much softer than those seen during the worst of the COVID-19 downturn earlier in the year. Index readings above 50 signal an increase in activity on the previous month and readings below 50 signal a decrease. While some panellists reported that activity had increased in line with signs of improving demand, a number of firms indicated that the pandemic had caused activity to decline.

The full Republic of Ireland Ulster Bank Construction PMI® Report is attached.

Lorraine MacKinder
Marketing and Membership Administrator

Tel: 020 7747 8121 (direct line)
Mobile: 07394561099