- UK’s construction output declines 0.5% in November
Market news
15 January 2016
UK’s construction output declines 0.5% in November
The Office for National Statistics (ONS) released its construction output data for the U.K. on Friday. Construction output in the U.K. declined 0.5% in November, after a 0.2% rise in October.
The decline was driven by a drop in infrastructure, which plunged 4.3% in November.
On a yearly basis, construction output decreased 1.1% in November, after a 1.0% rise in October. It was the biggest decline since May 2013.
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