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Construction output up 11.2% last year - CSO

There was sharp growth in the volume of output in the residential building market last year
There was sharp growth in the volume of output in the residential building market last year

The volume of output in the construction sector rose by 11.2% in the last three months of 2014 when compared with the same period of 2013, according to the Central Statistics Office.

The value of the industry’s production was 6.6% higher year-on-year, the figures show.

The annual increase is largely due to a sharp increase in the volume of residential building work, which rose 35.8% over the twelve month period.

The volume of non-residential work was 5.5% lower year-on-year, while civil engineering work fell by 2.9% in the period.

On a quarterly basis, the volume of output in the construction sector was 3.6% higher when compared to the three months to September.

Following the annual trend, output volumes in the civil engineering and non-residential areas of the sector were down, falling 3% and 0.6% respectively during the three months.