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15/02/2016
Output Decreases 0.4% In Q4 Of 2015 - ONS
Construction output in the last three months of 2015 shrunk by 0.4%, according to new figures.
Recent Office of National Statistics (ONS) data reveals the downward pressure came from the repair and maintenance (R&M) sector, which fell 1.4%.
While all new work increased by 0.2%, new infrastructure work experienced a 'shock' fall of 3.9%.
In December 2015, output in the construction industry was estimated to have increased by 1.5% compared with November 2015, due to an increase of 2.6% in all new work.
This was offset by R&M, which decreased by 0.5%.
Overall, industry output in 2015 was estimated to have increased by 3.4%, while all new work rose by 6.4% and R&M decreased by 2.2%.
(LM/MH)
Recent Office of National Statistics (ONS) data reveals the downward pressure came from the repair and maintenance (R&M) sector, which fell 1.4%.
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While all new work increased by 0.2%, new infrastructure work experienced a 'shock' fall of 3.9%.
In December 2015, output in the construction industry was estimated to have increased by 1.5% compared with November 2015, due to an increase of 2.6% in all new work.
This was offset by R&M, which decreased by 0.5%.
Overall, industry output in 2015 was estimated to have increased by 3.4%, while all new work rose by 6.4% and R&M decreased by 2.2%.
(LM/MH)
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