Building and construction output fall 4.5% in 2022 – CSO

On a seasonally adjusted basis, the volume of production in the construction industry fell by 4.5% in the second quarter of 2022 compared to the first.

On an annual basis, there was a 3.2% increase in volume recorded.

The largest reduction occurred in the Non-Residential Building sector with a decrease of 6.7% in the seasonally adjusted volume index between Quarter 1 2022 and Quarter 2 2022.

The Residential Building sector reduced its volume of output by 2.9% on a seasonally adjusted basis between Quarter 1 2022 and Quarter 2 2022.

The Civil Engineering sector declined by 0.9% in the seasonally adjusted volume index between Quarter 1 2022 and Quarter 2 2022.

The seasonally adjusted value index for All Building and Construction increased by 3.0% on a quarterly basis and grew by 12.6% on an annual basis.

Shane O’Sullivan, Statistician in the Business Statistics Division, said: “The volume of production in construction decreased by 4.5 per cent in Quarter 2 2022 when compared with Quarter 1 2022 on a seasonally adjusted basis.

“On an annual basis there was an increase in production volume of 3.2 per cent. It must be noted that non-essential constructions sites were reopened on a phased basis in Quarter 2 2021 after non-essential sites were prohibited from operating at the beginning of Quarter 1 2021.

“With regards to pre-pandemic levels, there was a reduction of 9.8 percent in construction activity from Quarter 2 2019 to Quarter 2 2022. During the same period the value of construction increased by 8.5 percent.

“Of the Civil, Non-Residential and Residential construction sectors, the Non-Residential sector had the largest quarterly contraction of 6.7 per cent in the seasonally adjusted volume index when compared with Quarter 1 2022.

“This contrasts to a 2.9 per cent decrease in the Residential sector and a 0.9 percent reduction in the Civil sector. During the same period, there was a 3 per cent increase in the seasonally adjusted value index for construction. On an annual basis, the value index increased by 12.6 per cent.”

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