FOREX TradingCharts.com

Financial News: Irish Construction Activity Contracts Further

Irish Construction Activity Contracts Further

02/12/2024 - 01:51:00 (RTTNews)

(RTTNews) - Ireland's construction sector deteriorated for the seventh straight month in January, largely due to a much weaker reduction in housing activity, survey results from S&P Global showed on Monday.

The headline BNP Paribas Real Estate Ireland Construction Purchasing Managers' Index rose to 45.9 in January from 45.1 in December. However, any score below 50 indicates contraction.

Among monitored categories, housing activity logged the sharpest contraction in January, while commercial activity fell at a softer pace.

On a positive note, employment rose for the second successive month as expected improvements in workloads encouraged construction firms to take on additional staff in January.

On the price front, input price inflation eased to a three-month low, but prices grew sharply amid higher shipping costs.

The construction industry is expected to see improvements in new business in the months ahead, supporting optimism regarding the 12-month outlook, the survey said.

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


German Ifo Business Morale Rises Slightly (10 hr(s), 0 min(s),32 sec(s) ago)
(RTTNews) - Sentiment among German companies rose moderately in February due to less pessimism reg ...Full Story»

Poland Jobless Rate Rises To 5.4%, Highest In 10 Months (10 hr(s), 57 min(s), 32 sec(s) ago)
(RTTNews) - The unemployment rate in Poland increased further in January to the highest level in n ...Full Story»

German Economy Shrinks On Weak Investment (11 hr(s), 44 min(s), 32 sec(s) ago)
(RTTNews) - The German economy contracted at the end of the year on weaker investment, revised dat ...Full Story»

German Business Confidence Improves Slightly - Ifo (12 hr(s), 01 min(s), 32 sec(s) ago)
(RTTNews) - Business confidence in Germany strengthened modestly in February due to less pessimism ...Full Story»

Hungary Jobless Rate Rises To 4.6% (12 hr(s), 27 min(s), 32 sec(s) ago)
(RTTNews) - Hungary's unemployment rate increased somewhat during the November-January period, ...Full Story»

Czech Economic Confidence Weakens To 8-Month Low (13 hr(s), 25 min(s), 32 sec(s) ago)
(RTTNews) - The Czech economic confidence index declined for the second straight month in February ...Full Story»

Malaysia Inflation Steady At 1.5% (13 hr(s), 54 min(s), 32 sec(s) ago)
(RTTNews) - Malaysia's consumer price inflation remained stable for the second straight month ...Full Story»

German GDP Contracts As Estimated In Q4 (14 hr(s), 22 min(s), 32 sec(s) ago)
(RTTNews) - The German economy contracted as estimated in the fourth quarter on weaker investment, ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

German Ifo Business Morale Rises Slightly

02/23/2024 - 06:48 AM (RTTNews)
(RTTNews) - Sentiment among German companies rose moderately in February due to less pessimism reg ...Full Story>>

Poland Jobless Rate Rises To 5.4%, Highest In 10 Months

02/23/2024 - 05:51 AM (RTTNews)
(RTTNews) - The unemployment rate in Poland increased further in January to the highest level in n ...Full Story>>

German Economy Shrinks On Weak Investment

02/23/2024 - 05:04 AM (RTTNews)
(RTTNews) - The German economy contracted at the end of the year on weaker investment, revised dat ...Full Story>>

German Business Confidence Improves Slightly - Ifo

02/23/2024 - 04:47 AM (RTTNews)
(RTTNews) - Business confidence in Germany strengthened modestly in February due to less pessimism ...Full Story>>

Hungary Jobless Rate Rises To 4.6%

02/23/2024 - 04:21 AM (RTTNews)
(RTTNews) - Hungary's unemployment rate increased somewhat during the November-January period, ...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.