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Commercial construction costs rose in 2025 at the lowest rate since the pandemic, a report by the Society of Chartered Surveyors Ireland (SCSI) has found.

Construction tender prices increased by just 1pc in the final six months of last year. It meant the rate of inflation for the whole of 2025 was 2.5pc, slightly down on the 3pc recorded in 2024.

The SCSI says the rate of increase was the lowest since 2020, and is a sign of a return to “business as usual” following the disruption caused by Covid, and the energy price spike of 2022.

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