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Irish consumers' reliance on overnight accounts means they are not earning interest on their savings

Irish savers missing out on interest earnings

Irish household deposits have hit a record high, according to data published by the European Central Bank.

Has the ECB moved too far too fast?

Eurozone interest rates were hiked to a record high of 4% by the European Central Bank, as it warned inflation was "expected to remain too high for too long"

Business • 15 Sep 23

Ulster Bank's PMI dropped to 53.7 in December from 56.3 in November

Construction sees slowest pace of growth in 8 months

A new survey shows that activity in the construction sector continued to expand last month - but at its slowest pace in eight months.

Business • 17 Jan 22

The Ulster Bank Construction PMI - which track changes in total construction activity - posted a reading of 56.3 in September, down from 57.5 in August.

Construction sector activity slows again in September

Construction firms continued to experience strong growth in activity in September, despite the latest Ulster Bank Construction PMI easing for the fourth month in a row.

Business • 11 Oct 21

The declines in activity were widespread with weaker activity patterns across all three subsectors - housing, commercial and civil engineering

Steep fall in construction activity as sites are closed

There was a sharp reduction in construction activity in January as the industry was largely shuttered under the latest government restrictions introduced to curb the spread of Covid-19.

Business • 08 Feb 21

Ulster Bank's construction PMI posted a reading of 52.3 in December, above the 50 no-change mark for the second month in a row

Strong rise in housing drives construction growth

The construction industry finished 2020 in expansion mode on the back of strong levels of housebuilding, the latest Ulster Bank's Construction Purchasing Managers Index shows.

Business • 11 Jan 21

The Ulster Bank Construction Purchasing Managers' Index rose to 53.5 in November from 48.6 in October

Construction sector returns to growth in November - PMI

Activity in the construction sector saw a return to growth in November after another sharp pick up in new orders and as building firms added more jobs.

Business • 14 Dec 20

Housing activity increased for the first time in three months in October, the latest Ulster Bank Construction PMI shows

New construction orders rise for first time in 3 months

The construction industry continued its recovery in October despite ongoing reports of disruption caused by the Covid-19 pandemic.

Business • 09 Nov 20

The Ulster Bank Construction Purchasing Managers' Index rose to 47 in September from 44 in August - below the 50 no-change mark for the second month in a row

Construction sector continues to face challenges

A new survey shows that Irish construction firms are continuing to face challenging circumstances, but the rate of decline in overall activity in September was significantly less severe than seen in April and May.

Business • 12 Oct 20

The measure of 51.9 posted in June was up substantially on the 19.9 recorded in May, Ulster Bank said

Construction industry sees first expansion in 4 months

Activity in the construction sector returned to expansion for the first time in four months in June, according to Ulster Bank.

Business • 13 Jul 20

January's overall rise in activity was centred on a strong performance in the commercial category, Ulster Bank said

Commercial sector boosts construction activity - PMI

Activity in the construction sector grew in January for the second month in a row, but the pace of growth slowed from December, a new survey shows.

Business • 10 Feb 20

The PMI, which covers the housing, commercial and civil engineering sectors, came in at 52 in December, up from 48.2 in November

Construction activity returns to growth in December

The country's construction sector saw a return to activity growth in December on the back of reduced Brexit anxiety.

Business • 13 Jan 20

The latest Ulster Bank Purchasing Managers Index fell to 46.2 in October from 48.3 in September

Construction activity declines again in October - PMI

Activity in the construction sector fell at the sharpest rate since June 2013, according to the latest Ulster Bank Purchasing Managers Index.

Business • 11 Nov 19

The housing sub-category recorded the fastest rise in activity of the three monitored sub-sectors for the fifth month in a row during May

Construction activity growth eases to four-month low

Activity in the construction sector eased to a four month low in May, according to the latest Purchasing Managers' Index from Ulster Bank.

Business • 10 Jun 19

The Ulster Bank Construction PMI eased to 55.9 in March from 60.5 the previous month

Pace of construction activity growth slows in March

The pace of expansion in construction activity eased in March, the latest Ulster Bank Construction Purchasing Managers Index shows.

Business • 08 Apr 19

Ulster Bank's Construction PMI showed a reading of 54.6 in January

Construction activity slows in January - PMI

Activity in the construction sector continued to grow in January but at a slower pace than before, according to the latest Purchasing Managers' Index from Ulster Bank.

Business • 11 Feb 19

The Ulster Bank Construction Purchasing Manager's Index showed a reading of 56.3 in December, up from 55.5 in November

Construction activity at four month high in December

Construction activity growth reached a four-month high in December, with job creation in the sector rising for the 64th month in succession.

Business • 14 Jan 19

The Ulster Bank Construction PMI rose from 52.9 in October to 55.5 in November

Construction activity growth quickens in November

Growth in construction activity re-accelerated in November, the latest results of the Ulster Bank Construction PMI survey shows.

Business • 10 Dec 18

The Ulster Bank Construction Purchasing Managers Index fell to 52.9 in October from 56.2 in September

Weakest rise in construction output since March 2015

The level of construction activity in Ireland rose moderately during October, with the pace of expansion the slowest since March 2015.

Business • 12 Nov 18

The Construction Purchasing Managers' Index stood at 56.2 in September, down from 58.3 in August

Growth of construction activity eases to 11-month low

House building activity weakened again in September, the latest Ulster Bank Construction Purchasing Managers' index shows.

Business • 08 Oct 18

The Ulster Bank Construction Purchasing Managers' Index showed a reading of 58.3 in August, down from 60.7 in July

August marks five years of construction growth in a row

Despite moderating, growth remained elevated in the Irish construction sector during August, new figures show today.

Business • 10 Sep 18

Ulster Bank's construction PMI showed a reading of 58.4 in June, dipping from May's reading of 61.8.

Construction activity growth slows from elevated levels

There was a slight drop-off in building activity in June, the monthly Ulster Bank construction purchasing managers' index shows, as expansion of activity eased from "extremely elevated" levels the previous month.

Business • 09 Jul 18

The Ulster Bank Construction Purchasing Managers' index rose to 61.8 in May from 60.7 in April

Construction activity rises at fastest pace for a year

The level of activity in the Irish construction sector rose again in May, with firms continuing to catch up from the weather disruption in March.

Business • 11 Jun 18

Ulster Bank's construction PMI dropped to 58.2 in June from 63.6 in May

Construction industry growth slows from May record high

The rate of growth in construction activity slowed during June but only after a near record performance by the sector in the previous month.

Business • 10 Jul 17

Simon Barry