- UK’s construction output declines 3.6% in March
Market news
13 May 2016
UK’s construction output declines 3.6% 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. declined 3.6% in March. It was the biggest drop since December 2012.
The decline was driven by a drop in all new work and repair and maintenance, which both plunged 3.6% in March.
On a yearly basis, construction output decreased 4.5% in March. It was the biggest decline since March 2013.
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