Output shrinks in May on back of commercial and civils woe

By Hamish Champ2019-06-04T10:34:00

Latest IHS Markit/CIPS activity survey finds even housebuilding growth slowed in May

Housebuilding activity rose in May but failed to stem an outgoing flow of commercial and civils work, according to the latest IHS Markit/CIPS construction survey.

The IHS Markit/CIPS UK Construction total activity index in May dipped back below the “no change” 50 score again to register 48.6 – signalling a contraction – driven by a fall in commercial output not seen since September 2017.

And while housebuilding held its own, growth across the sector was at its weakest for three months.

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