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Ireland Construction Output YoY climbed to 6.8% in October 2024, released March 2025, up 2.3% from September's 4.5% reading. The print exceeded the 2.6% consensus by 4.2%. Construction Output YoY has now risen for 4 consecutive months. Construction Output YoY is now the highest in 30 months.
across last 6 releases
Mar 2025
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Construction Output YoY (Ireland) was reported at 6.8% in March 2025. This beat the market consensus of 2.6% by 4.2%. The reading rose from the previous value of 4.5%.
The indicator has been trending upward over the last three releases. The trailing three releases averaged 3.27%, up from the prior three at -9.63%.
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 6 releases, the Sigmacast model's median absolute error is 5.78%.
Auto-generated from current model state · Refreshes on each release · Last update March 2025.
Construction Output YoY (Year-over-Year) is a financial indicator that measures the change in the total value of construction projects completed in a given period compared to the same period in the previous year. It provides valuable insights into the growth or decline of the construction industry and can be used to assess the overall health of the economy. This indicator is closely monitored by investors, policymakers, and analysts to make informed decisions about the construction sector and its impact on the broader economy.
Housing data leads broader economic cycles by several months and is highly rate-sensitive, with knock-on effects to construction, materials, and consumer credit. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
Latest reading (Oct 2024): actual 6.8 %, consensus 2.6 %. Prior reading (Jul 2024): 4.5 %. Before that (Apr 2024): -1.5 %.
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Tuesday, May 26, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:00 | Average Weekly Earnings YoY | 3.1 | 3.4 | 3.40 | Low | ||
| Thursday, May 28, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 10:00 | Retail Sales YoY | 1.6 | 1.4 | 1.40 | Low | ||
| 10:00 | Retail Sales MoM | 0.2 | -0.4 | -0.40 | Low | ||