Uk Construction Purchasing Managers’ Index

A marked and accelerated rise in housing activity has led to the fastest rise in construction output for eight months.

The UK construction sector marked 12 consecutive months of output growth last month, according to new data.

Growth in the UK construction sector slowed slightly during December but purchasing managers pointed to an easing in supply bottlenecks and inflationary pressure, according to the latest monthly data.

The fastest upturn in commercial work since July has helped the UK construction sector record the strongest rise in output in four months.

Business activity across the UK construction sector gained speed in October but growth remained much softer than the 24-year high seen in June, according to UK Construction PMI data released today.

The UK construction sector suffered from another growth slowdown in September as softer demand played a role and supply chain pressures continued to make their presence felt.

UK construction companies signalled a further increase in output volumes during August, however the pace of growth eased notably from the previous survey period, according to the latest IHS Markit/CIPS UK Construction PMI Total Activity Index.

Recovery in UK construction output lost its momentum since June as the sector struggled to keep pace with the recent surge in demand for construction projects, especially due to raw material supply shortages and shrinking sub-contractor availability.

The recovery in UK construction output gained further momentum during June, according to the latest PMI data which saw overall activity expand at the fastest pace since June 1997.

Output growth in the UK construction sector reaching its strongest since September 2014, according to new data.

The rate of input cost inflation throughout the UK construction sector picked up for the seventh month in a row to reach record levels.

The recovery in UK construction output gained considerable momentum in March, supported by robust rises in house building, commercial work and civil engineering.

Purchasing managers indicated a return to growth in February for the UK construction sector after lockdown had caused it to contract in January for the first time since last May.

Workloads in Scottish construction fell at a reduced rate at the end of last year compared to the previous two quarters, assisted by a rise in public housing and infrastructure workloads, according to the RICS Construction and Infrastructure Monitor, Q4 2020.

The UK construction sector held up well in December despite restrictions on activity in many regions, according to the latest monthly survey of purchasing managers.