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13/09/2016
No Growth In Construction Output Between June And July - ONS
New figures have revealed the UK's construction output showed no signs of growth or decline between June and July.
According to the latest Office of National Statistics report, all new work increased by 0.5% while repair and maintenance fell by 1.1%.
When compared to last year, output has decreased by 1.5%. All new work, and repair and maintenance fell by 0.6% and 3.2% respectively.
Overall, the underlying pattern as suggested by the 3 month on 3 month movement in output in the construction industry decreased by 1.2%.
New orders in Q2 were forecasted to have risen by 8.6% compare with the first quarter, and 7.5% when compared with Q2 2015. New housing increased by 25.0% while there was a fall of 17.4% in infrastructure.
(LM/CD)
According to the latest Office of National Statistics report, all new work increased by 0.5% while repair and maintenance fell by 1.1%.
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When compared to last year, output has decreased by 1.5%. All new work, and repair and maintenance fell by 0.6% and 3.2% respectively.
Overall, the underlying pattern as suggested by the 3 month on 3 month movement in output in the construction industry decreased by 1.2%.
New orders in Q2 were forecasted to have risen by 8.6% compare with the first quarter, and 7.5% when compared with Q2 2015. New housing increased by 25.0% while there was a fall of 17.4% in infrastructure.
(LM/CD)
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