Construction activity grows further as cost inflation hits record high

Suppliers' delivery times lengthened at a near-record pace
Construction activity grows further as cost inflation hits record high

Construction firms reported an increase in staffing levels for the fourth successive month.

Housing remains the fastest-growing sub-sector of the construction industry with the rapid acceleration in activity seen after restrictions were lifted continuing into July.

According to the Construction Purchasing Managers’ Index by Ulster Bank, activity in the sector dipped slightly last month but still pointed to strong activity in the sector as demand for new homes continues to outstrip supply.

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