01 / State of play

Both the total activity and R&M activity indices remained above the no-growth bound in August. The former turned positive after gaining three points over July’s figure to reach 51. The R&M index gained two points and stood at 53.

The residential activity index ticked up by a point to 51, while non-residential recovered by six points to 54. Civil engineering remained in the negative, however, after falling nine points to 33, marking its lowest level since February 2018.

Orders and tender enquiries remained strong in August, as both indices gained momentum. The orders index grew by three points to 69 and the tender enquiries index gained four points to 65. 

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