The construction sector has snapped back into action in May says CIPS

Construction growth rebounds to 17-month high in May, driven by house building says the Chartered Institute of Procurement & Supply (CIPS) in the latest IHS Markit/CIPS UK Construction PMI survey report. Key findings: Business activity rises at fastest pace since December 2015, Residential work replaces civil engineering as best performing category and  Input cost inflation…

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UK construction firms experience slowdown in growth in March.

The UK construction purchasing-managers’ index  from Markit and the Chartered Institute of Procurement and Supply (CIPS)  slipped to a seasonally adjusted 52.2 in March from 52.5 in February and against market consensus for a reading of 52.4 the survey revealed on Tuesday 4th April. March data revealed that a slowdown in growth was seen across…

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