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The Production in Building and Construction Index (PBCI) is a volume index based on the value of ‘work done’ in the Residential, Non-Residential and Civil Engineering sectors. Provisional PBCI data for Q3 2021 are based on work done in July, August and September 2021. In Q2 2021, there was a phased reopening of construction sites. This resulted in a loss of several working weeks in that quarter.
Data for this release were collected during the months October, November and December 2021. As per previous releases, the data for Q3 2021 are provisional for this release and final revised data will be published for Q3 2021 in March 2022 (along with provisional data for Q4 2021). In this release we are also publishing final results for Q2 2021.
Weights
The PBCI index weights are based on 2015 data (base year = 2015) and may not reflect the current distribution of economic activity in the sector due to the COVID-19 crisis.
Seasonal Adjustment
Construction activity since March 2020 has been an exception to the existing seasonal patterns. The seasonal adjustment models have been reviewed each quarter since Q2 2020 and have been changed as appropriate.
Quarter 4 2021
The CSO wishes to thank all those enterprises who supplied their Building and Construction data for quarter 3 and urge them to continue to do so for quarter 4 2021. Such information is still needed to measure the precise impact of the crisis on the construction sector. The quarter 4 PBCI is planned for publication on March 2nd.
CSO publication, , 11am
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