UK’s construction output rises 0.9% in June

Market news

14 August 2015

UK’s construction output rises 0.9% in June

The Office for National Statistics (ONS) released its construction output data for the U.K. on Friday. Construction output in the U.K. gained 0.9% in June, after a 1.0% drop in May.

The increase was driven by new housing, infrastructure and public works projects.

On a yearly basis, construction output climbed 2.6% in June, after a 2.1% rise in May.

Construction makes up 6% of UK's economy.

U.S.: PPI, y/y, July -0.8% (forecast -0.9%)

Italian economy increases 0.2% in the second quarter

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