India, Aug. 12 -- Ireland's construction activity deteriorated further in July amid a weaker rise in new orders, survey results from S&P Global showed on Tuesday.
The headline The BNP Paribas Real Estate Ireland Construction Purchasing Managers' Index dropped to 47.1 in July from 48.6 in June. Any score below 50 indicates contraction in the sector.
Among three monitored categories, both housing and civil engineering logged marked reductions in July, while the commercial activity rose at a modest pace only.
New orders grew at the slowest pace in five months, linked to delayed customer decisions along with a competitive pricing environment.
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Firms continu...