Financial News: Irish Construction Downturn Deepens In September

Irish Construction Downturn Deepens In September

10/14/2025 - 04:47:00 (RTTNews)

(RTTNews) - Ireland's construction sector deteriorated at the steepest pace in nearly three years in September amid sharper reductions in activity and new orders, survey results from S&P Global showed on Tuesday.

The seasonally adjusted AIB Ireland Construction Purchasing Managers' Index dropped to 43.7 in September from 45.9 in August. Any score below 50 indicates contraction in the sector. Moreover, the rate of decline was the fastest since December 2022.

Among three monitored categories, commercial activity logged the most pronounced decline since December 2023. Both housing and civil engineering activity also shrank sharply during September.

New orders fell further due to a wider economic slowdown and delays in decision-making by customers, along with a competitive pricing environment. As a result, employment also decreased after a six-month sequence of job creation.

On the price front, input price inflation eased to a 10-month low, and rates charged by subcontractors rose at the weakest pace in three months.

Looking ahead, construction firms remained positive about expected activity over the next year. Nonetheless, the degree of sentiment dropped and remained relatively muted.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Norway Trade Surplus Shrinks Slightly In October (08 min(s), 49 sec(s) ago)
(RTTNews) - Norway's foreign trade surplus decreased somewhat in October from a year ago as im ...Full Story»

Singapore Non-oil Domestic Exports Surge 22.2% (41 min(s), 49 sec(s) ago)
(RTTNews) - Singapore's non-oil domestic exports grew at an accelerated pace in October, data ...Full Story»

Thailand GDP Growth Slows More Than Forecast (01 hr(s), 18 min(s), 49 sec(s) ago)
(RTTNews) - Thailand's economic growth eased more than expected in the third quarter due to th ...Full Story»

Japan Industrial Output Recovers More Than Estimated (01 hr(s), 24 min(s), 49 sec(s) ago)
(RTTNews) - Japan's industrial production expanded more than initially estimated in September, ...Full Story»

Japan GDP Sinks 0.4% In Q3 (59 min(s), 11 sec(s) ago)
(RTTNews) - Japan's gross domestic product contracted a seasonally adjusted 0.4 percent on qua ...Full Story»

New Zealand Services Index Improves In October - BusinessNZ (48 min(s), 11 sec(s) ago)
(RTTNews) - The services sectors in New Zealand continued to contract in October, albeit at a slow ...Full Story»

Japan GDP Data Due On Monday (30 min(s), 11 sec(s) ago)
(RTTNews) - Japan will on Monday release preliminary Q3 numbers for gross domestic product, highli ...Full Story»

Bulgarian Economy Expands At Slower Pace In Q3 (53 min(s), 11 sec(s) ago)
(RTTNews) - Bulgaria's economic growth eased for a third straight quarter in the three months ...Full Story»