15/5/15: Irish Construction PMI: April Stronger PMI, but Overall Activity is Weak

Jon Blogosphere, Economy, Market Commentary

Irish Construction Sector PMI for April was released by Markit earlier this week. Here are the main points:
Overall Activity Index in Irish construction rose to 57.2 in April from 52.9 in March, bringing index back to the levels of January 2015. Current 3mo average is at 54.0 against 3mo average through January 2015 at 61.2, showing a clear slowdown in activity growth over most recent three months.

This post was published at True Economics on Friday, May 15, 2015.