Ireland’s construction sector deteriorated at a slower pace in September, data from the IHS Markit showed on Monday.
The Ulster Bank construction Purchasing Managers’ Index rose to 47.0 in September from 44.0 in August. Any reading below 50 indicates contraction in the sector.
“The results of the latest Ulster Bank Construction PMI survey indicate that Irish construction firms continue to report that they face challenging circumstances at present,” Chief Economist Republic of Ireland at Ulster Bank Simon Barry said.
Commercial activity neared stabilization in September, while housing and civil engineering activity declined at a marked rates, albeit at a slower pace.
New orders declined at a softer pace in September.
The 12-month outlook for business activity declined to the lowest in four months in September and Brexit was also a factor dampening sentiment.
The supply chain disruption was evident in September and delivery time lengthened.
Input cost increased in September and the rate of inflation increased to the fastest since April last year. Purchasing activity fell for the second straight month.
The material has been provided by InstaForex Company – www.instaforex.com
🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.
As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.