FOREX TradingCharts.com

Financial News: Ireland Construction Downturn Softens In February

Ireland Construction Downturn Softens In February

03/11/2024 - 02:27:00 (RTTNews)

(RTTNews) - Ireland's construction activity deteriorated further in February, though the pace of decline eased for the third straight month, survey results from S&P Global showed on Monday.

The headline BNP Paribas Real Estate Ireland Construction Purchasing Managers' Index rose to 47.4 in February from 45.9 in January. However, any score below 50 indicates contraction.

Among monitored categories, residential activity decreased the least in almost a year-and-a-half in February. The rate of reduction in commercial activity also moderated and was the slowest in four months.

On the price front, input price inflation quickened to a 6-month high amid supply chain pressures due to the disruption in the Red Sea and staff shortages at suppliers.

Looking ahead, Irish construction remained confident about output over the next twelve months amid hopes that new orders would return to growth. Signs of improvement in demand and confidence in the outlook for the coming year supported continued improvements in workforce numbers in February.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Malaysian Economic Growth Fastest In A Year (06 hr(s), 06 min(s), 08 sec(s) ago)
(RTTNews) - Malaysia's economic expansion accelerated in the first quarter, driven by positive ...Full Story»

Greece Current Account Deficit Widens (06 hr(s), 49 min(s), 08 sec(s) ago)
(RTTNews) - Greece's current account deficit increased in February from a year ago due to a de ...Full Story»

Spain Trade Gap Narrows Slightly (07 hr(s), 41 min(s), 08 sec(s) ago)
(RTTNews) - Spain's foreign trade deficit decreased somewhat in February from a year ago as im ...Full Story»

UK Retail Sales Stable In March (09 hr(s), 14 min(s), 08 sec(s) ago)
(RTTNews) - UK retail sales were unchanged on a month-on-month basis in March, defying expectation ...Full Story»

Italy Construction Output Falls 3.9% (09 hr(s), 28 min(s), 08 sec(s) ago)
(RTTNews) - Italy's construction output decreased for the first time in five months in Februar ...Full Story»

German Producer Prices Fall At Slower Pace In March (11 hr(s), 29 min(s), 08 sec(s) ago)
(RTTNews) - Germany's producer prices continued to decline in March, though at the slowest pac ...Full Story»

Japan Inflation Data Due On Friday (56 min(s), 52 sec(s) ago)
(RTTNews) - Japan will on Friday release March national figures for consumer prices, highlighting ...Full Story»

Treasury Reveals Details Of Two-Year, Five-Year & Seven-Year Note Auctions (01 hr(s), 37 min(s), 08 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Malaysian Economic Growth Fastest In A Year

04/19/2024 - 08:00 AM (RTTNews)
(RTTNews) - Malaysia's economic expansion accelerated in the first quarter, driven by positive ...Full Story>>

Greece Current Account Deficit Widens

04/19/2024 - 07:17 AM (RTTNews)
(RTTNews) - Greece's current account deficit increased in February from a year ago due to a de ...Full Story>>

Spain Trade Gap Narrows Slightly

04/19/2024 - 06:25 AM (RTTNews)
(RTTNews) - Spain's foreign trade deficit decreased somewhat in February from a year ago as im ...Full Story>>

UK Retail Sales Stable In March

04/19/2024 - 04:52 AM (RTTNews)
(RTTNews) - UK retail sales were unchanged on a month-on-month basis in March, defying expectation ...Full Story>>

Italy Construction Output Falls 3.9%

04/19/2024 - 04:38 AM (RTTNews)
(RTTNews) - Italy's construction output decreased for the first time in five months in Februar ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.