FOREX TradingCharts.com

Financial News: Ireland Construction Sector Expands In December

Ireland Construction Sector Expands In December

01/13/2020 - 00:29:00 (RTTNews)

(RTTNews) - Ireland's construction sector expanded for the first time in four months in December, data from the IHS Markit showed on Monday.

The Ulster Bank construction Purchasing Managers' Index rose to 52.0 in December from 48.2 in November. Any score above 50 indicates expansion in the sector.

"Reduced Brexit uncertainty was cited as a source of support for the increase in overall activity at the end of 2019, while the improvement also reflected better performance across the three main sub-sectors," Simon Barry, chief economist, Republic of Ireland at Ulster Bank, said.

Housing activity expanded in December after declining for the first time in almost six-and-a-half years in November. The sharpest expansion was recorded on commercial activity. Civil engineering activity declined further, albeit at a much softer pace and one that was the weakest since last May.

New orders returned to growth in December at a solid pace. Business sentiment strengthened to the highest level in six months in December.

Further, the rate of job creation was solid in December, increasing from the previous month.

Constructors raised their input buying at a solid pace in December and suppliers delivery time increased.

The survey showed that the input cost inflation softened in December to the slowest in three months.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. New Home Sales Unexpectedly Edge Lower In December (36 min(s), 16 sec(s) ago)
(RTTNews) - New home sales unexpectedly showed a modest decrease in the month of December, accordi ...Full Story»

Bank Of England Set To Hold Rates On Improving Economic Activity (01 hr(s), 26 min(s), 16 sec(s) ago)
(RTTNews) - The Bank of England is likely to keep its monetary policy rates unchanged this week af ...Full Story»

Singapore Economy To Be Impacted By Wuhan Coronavirus Outbreak, Minister Says (02 hr(s), 15 min(s), 16 sec(s) ago)
(RTTNews) - The coronavirus outbreak in the Chinese city of Wuhan is set to impact the Singapore e ...Full Story»

German Business Confidence Weakens Unexpectedly (03 hr(s), 38 min(s), 16 sec(s) ago)
(RTTNews) - German business sentiment deteriorated unexpectedly at the start of the year, reflecti ...Full Story»

Poland Jobless Rate Rises Further (05 hr(s), 12 min(s), 16 sec(s) ago)
(RTTNews) - Poland's jobless rate rose for the second straight month in December, data from St ...Full Story»

German Jan Ifo Business Confidence Weakens In January (06 hr(s), 30 min(s), 16 sec(s) ago)
(RTTNews) - German business confidence weakened in January, reports said citing survey data from t ...Full Story»

Denmark Retail Sales Fall In December (07 hr(s), 40 min(s), 16 sec(s) ago)
(RTTNews) - Denmark's retail sales fell in December after rising in the preceding month, figur ...Full Story»

Turkey Manufacturing Capacity Utilization Falls In January (07 hr(s), 46 min(s), 16 sec(s) ago)
(RTTNews) - Turkey's manufacturing capacity utilization decreased in January, figures from the ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. New Home Sales Unexpectedly Edge Lower In December

01/27/2020 - 10:19 AM (RTTNews)
(RTTNews) - New home sales unexpectedly showed a modest decrease in the month of December, accordi ...Full Story>>

Bank Of England Set To Hold Rates On Improving Economic Activity

01/27/2020 - 09:29 AM (RTTNews)
(RTTNews) - The Bank of England is likely to keep its monetary policy rates unchanged this week af ...Full Story>>

Singapore Economy To Be Impacted By Wuhan Coronavirus Outbreak, Minister Says

01/27/2020 - 08:40 AM (RTTNews)
(RTTNews) - The coronavirus outbreak in the Chinese city of Wuhan is set to impact the Singapore e ...Full Story>>

German Business Confidence Weakens Unexpectedly

01/27/2020 - 07:17 AM (RTTNews)
(RTTNews) - German business sentiment deteriorated unexpectedly at the start of the year, reflecti ...Full Story>>

Poland Jobless Rate Rises Further

01/27/2020 - 05:43 AM (RTTNews)
(RTTNews) - Poland's jobless rate rose for the second straight month in December, data from St ...Full Story>>
Copyright © 2020. 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.