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CSO statistical release, , 11am

Production in Building and Construction Index

Quarter 1 2018 (Provisional) Quarter 4 2017 (Final)

Seasonally Adjusted Production in Building and Construction Index
(Base: Year 2010=100)
 Volume Index Value Index
Q1 2018 167.0 169.6
Q4 2017 155.5 162.5
Q1 2017 138.5 143.6
Quarterly % change 7.4% 4.4%
Annual % change 20.6% 18.1%

Building and Construction Output increased by 7.4% in 1st quarter 2018

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The volume of output in building and construction increased by 7.4% in the first quarter of 2018 when compared with the preceding period.

This reflects increases of 5.6%, 5.5% and 1.1% respectively in the volume of residential building work, non-residential building work and civil engineering work. The change in the value of building and construction in the same period was +4.4%. 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 20.6% in the first quarter of 2018 when compared with the fourth quarter of 2017*. Output volumes increased by 30.0%, 10.1%, and 8.1% respectively in residential building, civil engineering and non-residential building work in the year to end Quarter 1, 2018. There was an increase of 18.1% 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.