|Seasonally Adjusted Production in Building and Construction Index|
|(Base: Year 2010=100)|
|Volume Index||Value Index|
|Quarterly % change||7.4%||4.4%|
|Annual % change||20.6%||18.1%|
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.