New-build construction output falls to lowest level since June 2022

By Joey Gardiner2023-07-13T10:21:00

Official figures for May show 0.4% drop driven by private housing decline

New-build construction work in May fell to its lowest level in almost a year in the wake of falling private housing and commercial workloads, according to the latest official figures.

Monthly new-build output dropped 0.4% on April, pushing seasonally adjusted construction output overall – including repair and maintenance work (R&M) – down 0.2%, with £15.4bn of work done in the month.

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