UK’s construction output rises 3.9% in March

Market news

15 May 2015

UK’s construction output rises 3.9% in March

The Office for National Statistics (ONS) released its construction output data for the U.K. on Friday. Construction output in the U.K. rose 3.9% in March, after a 0.3% decline in February.

The increase was driven by a rise in non-housing repair and maintenance work, which soared 20% in March.

On a yearly basis, construction output climbed 1.6% in March.

For the first quarter as a whole, construction output was down at an annual rate of 0.3%. It was the first annual fall since the second quarter of 2013.

European stock markets mid session: stocks traded higher as markets remained supported by the European Central Bank President’s comments and as stability seems to return to bond markets

Switzerland's producer and import prices drop 2.1% in April

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.