Activity in the construction sector fell off in October as demand remained weak.
That is according to the BNP Paribas Real Estate Ireland Construction Purchasing Managers Index, which recorded decreases in all three categories of housing, commercial activity and civil engineering during the month.
"The pull-back in commercial reflects slowing office starts in Dublin where a strong pipeline of projects will be coming to completion over the next 18 months to meet occupier demand," he said. "Construction input costs continue to rise quite strongly, but the rate of inflation has now been moderating for one year," said Mr McCartney.
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