International

Key points: Construction activity down markedly Input costs rise sharply again Employment continues to increase The latest AIB Ireland Construction PMI® data pointed to renewed falls in both total construction activity and new orders during June amid sharply rising prices and a market slowdown. Companies scaled back their purchasing activity as a result, but employment continued…

Key points: Construction activity picks up for second month running Robust improvement in new order intakes Year ahead growth outlook highest since survey began in January The headline index is the seasonally adjusted alrajhi capital Saudi Construction Index. This tracks changes in the total volume of construction activity compared with one month previously. It is…

Key findings: Contractions deepen across all three monitored segments Slowest fall in new orders in four months Cost inflation eases but remains historically elevated The eurozone construction sector recorded a further decline in activity in June, with the rate of contraction quickening from that seen a month prior, according to the latest S&P Global PMI® data.…

Key Findings: Fastest decrease in commercial construction activity since May 2020 Demand for new building projects continues to deteriorate sharply Firms more pessimistic towards the outlook, even as cost pressures ease PMI® survey data from S&P Global continued to signal depressed business conditions in France's construction sector. June saw a further sharp drop in demand…

Key Findings: Sharp decline in activity coincides with solid reduction in new work Renewed drop in jobs sees strongest round of shedding in over six years Rate of input price inflation slows further, but remains elevated After having moved closer towards stabilisation in May, the Italian construction sector contracted at a sharper pace in June. Faster…

Key findings: Activity falls at weakest rate for three months as decline in orders slows Softer decreases in employment and purchasing activity Cost pressures remain elevated Germany's construction sector remained in contraction in June, according to the latest S&P Global PMI® survey, albeit with the latest data showing slower rates of decline in total activity, new…

Key points: Rebound in housing activity drives uplift in construction output New work rises for first time since February Input cost inflation highest since the survey began in January This is the public launch of the alrajhi capital Saudi Construction Index, a new monthly survey of 200 construction companies that have been carefully selected to…

Key points: Renewed rises in output and new orders Higher fuel and oil costs drive up input prices Suppliers' delivery times lengthen markedly again The latest AIB Ireland Construction PMI® data signalled a return to growth of the Irish construction sector during May, with both total activity and new orders rising. Underlying data suggested that the…

Key findings: Decline in new orders eases but remains marked Input price inflation stays well above series average Worst deterioration in vendor performance since December 2022 Eurozone construction activity remained firmly in contraction territory during May, according to the latest PMI® survey data, though the magnitude of the downturn slowed on the month. Total activity declined…

Key Findings: Output and new orders decrease further in May ... ... leading to job cuts, reduced buying levels and pessimism regarding the outlook Second-strongest increase in input costs since November 2022 France's construction sector faced further setbacks in May, with dwindling demand and an associated decline in new business intakes prompting companies to cut…