Construction output fell in October


The Construction Index has published an article about the latest UK construction statistics published by the Office for National Statistics (ONS). This reports that output fell by 0.5% in October after showing 0.4% growth in September. In the three months to October, output has decreased by 0.3%. This came solely from a decrease in new work (2.0% fall), as repair & maintenance increased by 2.2% in the last three months.

In the first 10 months of the year to October, output is still 2.1% ahead of the previous 10 months, which continues to suggest that output for the full year will turn out to be more positive than recent forecasts which have been anticipating a decline of 6% to 7%. However, output growth this year has been due to repair and maintenance activity which is 7.5% up in the first 10 months of the year, while new work is showing a 1.2% decline so far.

The link below will take you to the latest update:

Click here