Further fall in construction activity as demand remains subdued, new figures show

Construction firms scaled back purchasing activity for the fifth month running, according to BNP Paribas Real Estate survey

Housebuilding activity remains largely unchanged from September with 20,800 dwellings completed in the first three quarters of 2022. File picture

Ireland’s construction sector recorded a solid reduction in activity in October as project delays and softer demand caused a drop in new orders.

The housing, commercial and civil engineering sectors all saw a reduction in activity last month with the monthly survey of purchasing managers by BNP Paribas Real Estate Ireland now showing a decrease in four of the past five months.