The Ulster Bank Construction Purchasing Managers’ Index stood at 62.8 last month compared to 65 in June. Photo: Stock imageThe cost of building materials has continued to surge and hit a fresh high last month as activity in the construction industry rebounds. The latest Ulster Bank Construction Purchasing Managers’ Index published this morning shows that the housing, commercial and civil sectors all posted strong growth in July. The overall index stood at 62.8 last month compared to 65 in June. For commercial construction activity, the reading was 60.9 compared to 63.8.

Source: Irish Independent August 09, 2021 01:30 UTC