Brexit puts the brakes on UK construction

The UK construction sector contracted again in March, according to IHS Markit and the Chartered Institute of Purchasing and Supply (CIPS) construction purchasing managers’ index, which stood at 49.7 for the month - down from 49.5 in February and the first consecutive fall in output since August 2016. Housebuilding continued to record moderate growth but civil engineering fell and commercial projects dropped off at the fastest rate since September 2017.

Financial Times (02/04/2019)

 

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