Construction growth slackens in September

Construction in the Republic posted its 25th successive monthly increase, but the pace has slackened even as all three parts of the industry expanded, the latest monthly Ulster Bank survey showed.

Construction in Ireland is recovering from one of the sharpest slumps experienced anywhere in Europe.

The Ulster Bank Construction Purchasing Managers’ Index showed that housing activity posted a reading of 55.6, commercial activity had a reading of 56.4 and civil engineering, at 51.7, also posted a slight increase in output.