8th Jul 2025 03:33
(Alliance News) - Ireland's overall construction sector continued to contract in June, with only commercial activity showing growth, S&P Global reported Tuesday.
The AIB Ireland construction purchasing managers' index fell to 48.6 in June, down from 49.2 in May.
A reading above the 50.0 neutral mark indicates growth in business activity from the previous month, while a reading below signals a contraction.
This latest result was below the neutral mark for the second successive month and demonstrated a more substantial rate of contraction in the sector.
John Fahey, AIB senior economist, said: "From a sectoral viewpoint, commercial activity remained the best performing of the three sub-sectors. Indeed, it was the only sector that experienced growth in the month. The pace of growth was unchanged from May.
"In contrast, residential construction activity contracted for a second successive month. The pace of reduction was modest, but it did contract at a faster rate compared to May. Meanwhile, civil engineering was, once again, the weakest of the three sub-sectors, with activity contracting for the second month in-a-row also."
S&P Global compiles the PMI figure each month using survey responses from a panel of around 150 construction companies.
By Elijah Dale, Alliance News senior reporter Asia-Pacific
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