Trading EconomicsTrading Economics

UK Construction Output Contracts at Softer Pace

Meno di 1 minuto di lettura

The S&P Global UK Construction PMI rose to 46.4 in March 2025, recovering from February’s 57-month low of 44.6 and slightly exceeding market expectations of 46.0.

Despite the uptick, the index remained firmly in contraction territory.

Civil engineering was the weakest-performing sector, plunging to 38.8—its steepest decline since October 2020.

Residential construction (44.7) continued to shrink, albeit at a slower pace, while commercial building (47.4) saw its sharpest decline since January 2021.

Inflows of new orders continued to drop, while the rate of job shedding was the steepest since October 2020.

On the price front, input cost inflation accelerated to its strongest since January 2023.

Finally, business confidence slipped to its lowest since October 2023, amid lower workloads, elevated interest rates and worries about the economic outlook.

Accedi o crea un account gratuito per leggere queste notizie