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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IrelandIreland Construction PMI climbed to 50.2 in May 2026
FMPMonthlyReleased June 2026
Ireland Construction PMI climbed to 50.2 in May 2026, released June 2026, up 3.1 from April's 47.1 reading. The print exceeded the 47.6 consensus by 2.6. Year-over-year, the indicator is up 1. Over the past 3 months, Construction PMI averaged 50.15, vs 49.7 in the prior 3-month window. The reading is in the 80th percentile of the trailing 24-month range.
Latest Release
50.2
Actual
47.6
Consensus
47.1
Previous
Median Absolute Error
±0.85
across last 12 releases
Last Call
Jun 2026
Predicted: 44.75
Actual: 50.2
Error: -5.45
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.60 | COMMODITIES | Bullish XAU | → View |
| EUR/USD | ▲ Direct | +0.57 | FOREX | Bullish EUR | → View |
| GBP/USD | ▲ Direct | +0.56 | FOREX | Bullish GBP | → View |
| USD/JPY | ▼ Inverse | −0.28 | FOREX | Bearish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Construction PMI (Ireland) was reported at 50.20 in June 2026. This beat the market consensus of 47.60 by 2.60. The reading rose from the previous value of 47.10. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 47.86, ranging from 43.70 to 52.10 across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 49.80, up from the prior three at 47.90. Volatility over the past year (σ 2.10) is comparable than the prior year (σ 1.93). In June readings over the past 3 years, Construction PMI has averaged 49.73.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 0.85.
WHAT TO WATCH NEXT
The next release is scheduled for July 14, 2026.
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Construction PMI - IE
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About Construction PMI — Ireland
DEFINITION
Construction PMI (Purchasing Managers' Index) is a leading economic indicator that measures the level of activity in the construction sector. It provides valuable insights into the health and growth of the construction industry by tracking changes in key factors such as new orders, employment, and business expectations. This data is used by businesses, investors, and policymakers to make informed decisions and assess the overall economic outlook. A high Construction PMI indicates a strong and expanding construction sector, while a low PMI suggests a slowdown in activity.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 50.2, consensus 47.6. Prior reading (Apr 2026): 47.1. Before that (Mar 2026): 53.2.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar 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 headwind in the current projection. This indicator correlates most strongly with XAU/USD (Bullish XAU, r=0.60) — a useful reference for commodities-focused traders.