Inflation and shipping delays caused by the Middle East war contributed to a sharp slowdown in construction output last month, with house building slowing at the fastest pace in almost four years.
The latest Construction Purchasing Managers' index from AIB for June dropped to 45.4 from 50.2 in May, falling below the 50 mark, which signals contraction, for the month.
This marked the second monthly reduction in construction activity in the past three months, and the sharpest drop since last September.
