The S&P Global/CIPS UK Construction PMI edged higher to 49.2 in August of 2022 from 48.9 in July, compared to market forecasts of 48. The reading pointed to a second consecutive month of falling construction output, as customer demand moved closer to stagnation amid cost pressures and economic uncertainty. Concerns about wider economic prospects led to a drop in business confidence and slower job creation, while firms' purchasing activity declined. Falling buying activity did alleviate some pressure on supply chains, with lead times lengthening to the least extent in two-and-a-half years, while inflationary pressures also showed signs of waning. source: Markit Economics

Construction PMI in the United Kingdom averaged 51.75 points from 2008 until 2022, reaching an all time high of 66.30 points in June of 2021 and a record low of 8.20 points in April of 2020. This page provides the latest reported value for - United Kingdom Construction Pmi - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Construction PMI - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Construction PMI in the United Kingdom is expected to be 49.00 points by the end of this quarter, according to 王者荣耀电竞(江西)积分排榜 global macro models and analysts expectations. In the long-term, the United Kingdom Construction PMI is projected to trend around 52.90 points in 2023 and 53.70 points in 2024, according to our econometric models.

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United Kingdom Construction PMI



Related Last Previous Unit Reference
Construction PMI 49.20 48.90 points Aug 2022

United Kingdom Construction PMI
In the United Kingdom, the Markit / Chartered Institute of Purchasing and Supply Purchasing Managers Index measures the performance of the construction sector and is derived from a survey of 170 construction companies.
Actual Previous Highest Lowest Dates Unit Frequency
49.20 48.90 66.30 8.20 2008 - 2022 points Monthly
NSA

News Stream
United Kingdom Construction Output Falls Again
The S&P Global/CIPS UK Construction PMI edged higher to 49.2 in August of 2022 from 48.9 in July, compared to market forecasts of 48. The reading pointed to a second consecutive month of falling construction output, as customer demand moved closer to stagnation amid cost pressures and economic uncertainty. Concerns about wider economic prospects led to a drop in business confidence and slower job creation, while firms' purchasing activity declined. Falling buying activity did alleviate some pressure on supply chains, with lead times lengthening to the least extent in two-and-a-half years, while inflationary pressures also showed signs of waning.
2022-09-06
UK Construction Activity Shrinks for 1st Time in 1-1/2 Years
The S&P Global/CIPS UK Construction PMI posted 48.9 in July 2022, down from 52.6 in June and below the 50.0 no-change threshold for the first time since January 2021. Although only marginal, the rate of decline was the fastest since May 2020. Lower volumes of residential work and civil engineering activity more than offset a sustained expansion in the commercial segment. A strong rate of jobs growth nonetheless continued as construction companies sought to boost capacity and meet increased order intakes. Meanwhile, improvements in the availability of some materials meant that supplier delays were the least widespread since February 2020. Looking ahead, business optimism remained subdued with growth expectations well below those seen in the opening months of 2022. That said, the degree of positive sentiment picked up slightly from June's 23-month low.
2022-08-04
UK Construction Activity Continues to Slow
The S&P Global/CIPS UK Construction PMI fell to 52.6 in June of 2022 from 56.4 in May, pointing to the slowest growth in construction activity since September last year, with house building being the weakest-performing area. New orders rose the least since October while employment increased robustly. Suppliers' delivery times lengthened again, but the downturn in performance remained less marked. Staff shortages and a lack of transport availability were the most commonly cited reasons for longer wait times for construction products and materials. Meanwhile, cost inflation was slightly faster than in May, albeit still below a record high seen in June 2021. Higher prices paid mostly reflected rising energy, fuel and transportation costs. Finally, business expectations for the year ahead fell to the lowest since July 2020, reflecting worries about the near-term economic outlook.
2022-07-06