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CSO statistical release, 09 March 2018, 11am

Production in Building and Construction Index

Quarter 4 2017 (Provisional) Quarter 3 2017 (Final)

Seasonally Adjusted Production in Building and Construction Index
(Base: Year 2010=100)
 Volume Index Value Index
Q4 2017 151.9 161.5
Q3 2017 151.0 155.0
Q4 2016 130.6 132.5
Quarterly % change 0.6% 4.2%
Annual % change 16.3% 21.9%

Building and Construction Output increased by 0.6% in 4th quarter 2017

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The volume of output in building and construction increased by 0.6% in the fourth quarter of 2017 when compared with the preceding period.

This reflects increases of 1.4%, 1.0% and 0.9% respectively in the volume of civil engineering, residential building work and non-residential building work. The change in the value of building and construction in the same period was +4.2%. See tables 1(a), 1(c), 2(a), 2(b) and graph.

On an annual basis, the volume of output in building and construction increased by 16.3% in the fourth quarter of 2017 when compared with the fourth quarter of 2016*. Output volumes increased by 26.7%, 19.7%, and 10.1% respectively in residential building,  non-residential building work and civil engineering work in the year to end Quarter 4, 2017. There was an increase of 21.9% in the value of production in the same period. See tables 1(a), 1(c), 2(a), 2(b) and graph. 

*Given the unprecedented low base this series is starting from, the CSO will continue to monitor the quality and comparability of this new data series.