• June UK data revealed a solid expansion of overall construction activity - Markit

Market news

3 July 2018

June UK data revealed a solid expansion of overall construction activity - Markit

The seasonally adjusted IHS Markit/CIPS UK Construction Purchasing Managers' Index (PMI) posted 53.1 in June, up from 52.5 in May and above the 50.0 no-change value for the third month running. The latest reading pointed to the sharpest overall rise in construction output since November 2017.

June data revealed a solid expansion of overall construction activity, underpinned by greater residential work and a faster upturn in commercial building.

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