Housebuilding helps UK construction return to growth

By Jordan Marshall2019-05-02T10:46:00

Latest IHS Markit/CIPS update showed growth for the first time in 2019

Construction output has grown for the first time this year, driven by the fastest rise in housebuilding so far in 2019.

According to the latest IHS Markit/CIPS the output has increased for the first time in April despite a dip in activity in both the commercial and civil engineering sectors.

The IHS Markit/CIPS UK Construction total activity index posted above the neutral 50.0 threshold for the first time since January sitting at 50.5 in April, up from 49.7 in March.

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