Tracker: September 2018

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Civil engineering activity finally returned to growth in September, after four months of contraction, while the other sectors stayed steady

01 / State of play

Both total and R&M activity indices remained above the no-growth boundary in September. The total activity index climbed three points to 54, while R&M gained four points to stand at 57.

An important development was the return of the civil engineering index to the expansionary side (55 in September), after four consecutive months of contraction. The residential and non-residential indices exhibited no sharp movements – the former gained three points to 54, the latter lost one and stood at 53.

Orders and tender enquiries remained in positive territory, despite both recording decreases of three points. The orders index stood at 66, while the tenders index settled at 61.

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