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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IrelandIreland Construction PMI climbed to 53 in July 2026
FMPMonthlyReleased August 2026
Ireland Construction PMI climbed to 53 in July 2026, released August 2026, up 7.6 from June's 45.4 reading. The print exceeded the 46 consensus by 7. The print is running well above the 12-month average of 48.04. Over the past 3 months, Construction PMI averaged 47.8, vs 50.8 in the prior 3-month window. The reading is in the 89th percentile of the trailing 24-month range.
Latest Release
53
Actual
46
Consensus
45.4
Previous
Median Absolute Error
±0.98
across last 12 releases
Last Call
Aug 2026
Predicted: 45.63
Actual: 53
Error: -7.38
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| GBP/USD | ▲ Direct | +0.44 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.36 | COMMODITIES | Moves with | → View |
| EUR/USD | ▲ Direct | +0.27 | FOREX | Moves with | → 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 53.00 in August 2026. This beat the market consensus of 46.00 by 7.00. The reading rose from the previous value of 45.40. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 48.11, ranging from 43.70 to 53.00 across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 49.53, up from the prior three at 49.27. Volatility over the past year (σ 2.68) is higher than the prior year (σ 2.03). In August readings over the past 3 years, Construction PMI has averaged 50.00.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with GBP/USD (Bullish GBP). A secondary relationship exists with XAU/USD, positively correlated (Bullish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 0.98.
WHAT TO WATCH NEXT
The next release is scheduled for September 8, 2026.
Auto-generated from current model state · Refreshes on each release · Last update August 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 (Jul 2026): actual 53, consensus 46. Prior reading (Jun 2026): 45.4. Before that (May 2026): 50.2.
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 tailwind in the current projection. This indicator correlates most strongly with GBP/USD (Bullish GBP, r=0.44) — a useful reference for forex-focused traders.
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Economic Calendar - IE Events
| Tuesday, September 8, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:01 | IE | Construction PMI | 53 | 52.6 | 53.90 | Low | |