July Construction output growth flatlined
Figures published by the Office for National Statistics (ONS) showed that In July 2016, construction output was estimated to have shown no growth compared with June 2016.
In July 2016, construction output was estimated to have shown no growth compared with June 2016.
All new work increased by 0.5% while all repair and maintenance decreased by 1.1%.
Compared with July 2015, construction output decreased by 1.5%. All new work, and repair and maintenance decreased by 0.6% and 3.2% respectively.
The underlying pattern as suggested by the 3 month on 3 month movement in output in the construction industry decreased by 1.2%.
UK construction output for July 2016 flatlined at 0.0% growth.
To read the ONS Statistical Bulletin…Construction output in Great Britain July 2016 in full click here