Market news
10.10.2017, 08:49

UK's construction output grew 0.6% m/m

Construction output contracted by 0.8% in the three month on three month series in August 2017 but remains at relatively high levels.

The three month on three month decline in output was due to decreases in both repair and maintenance, which fell 0.6% and all new work, which fell 0.9%.

Construction output grew 0.6% month-on-month in August 2017, predominantly driven by a 1.7% rise in all new work.

The month-on-month rise in all new work stemmed from growth in private housing, which grew 2.3% and infrastructure, which increased by 3.6%.

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