- UK’s construction output declines 0.2% in September
Market news
13 November 2015
UK’s construction output declines 0.2% in September
The Office for National Statistics (ONS) released its construction output data for the U.K. on Friday. Construction output in the U.K. declined 0.2% in September, after a 3.4% drop in August. It was the third consecutive decline.
On a quarterly basis, construction output slid 2.2% in third quarter.
The decline was driven by a drop in in construction by smaller firms in August.
On a yearly basis, construction output fell 1.6% in September, after a 0.6% decrease in August.
Construction makes up 6% of UK's economy.
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