Construction

Construction activity shows renewed declines in July – BNP Paribas

Output has decreased in nine of the past ten survey periods

Activity in the construction sector declined last month. Picture: Getty

Activity in Ireland’s construction sector saw a renewed decline last month amid a first reduction in new orders since January.

The headline BNP Paribas Real Estate Ireland Construction Total Activity Index fell to 45.6 in July from 50.4 in June, dropping back below the 50.0 no-change mark to signal a renewed fall in total activity in the sector.

Output has now decreased in nine of the past ten survey periods, and the latest reduction was ...