• UK: the output in the construction industry was estimated to have decreased by 0.7% q/q

Noticias del mercado

12 agosto 2016

UK: the output in the construction industry was estimated to have decreased by 0.7% q/q

The reporting period for this release covers the second quarter of 2016 plus the calendar month of June 2016, and therefore includes data for a short period after the EU referendum. There is very little anecdotal evidence at present to suggest that the referendum has had an impact on output.

In Quarter 2 (Apr to June) 2016, output in the construction industry was estimated to have decreased by 0.7% compared with Quarter 1 (Jan to Mar) 2016.

Downward pressure on the quarter came from all new work, which decreased by 0.8%, and repair and maintenance (R and M), which decreased by 0.5%.

Between Quarter 2 2016 and Quarter 2 2015, output was estimated to have decreased by 1.4%.

In June 2016, construction output decreased by 0.9% compared with May 2016.

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