Lockdown uncertainty sees January output drop

By Jordan Marshall2021-02-04T10:03:00

UK construction activity contracts for first time in seven months

Construction output shrank in January, signalling the first reduction in activity in seven months.

According to the latest CIPS/IHS Markit PMI data, there was a marginal decline in UK construction output, as well as a slowdown in new order growth which fell to its weakest since last June.

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