United Kingdom Construction Output  1997-2017 | Data | Chart | Calendar

Construction output in the United Kingdom increased 2.4 percent year-on-year in March of 2017, following an upwardly revised 0.9 percent gain in the prior month but missing market expectations of a 2.8 percent rise. It is the strongest expansion since December, boosted by rises in new work (2.6 percent from 0.5 percent in February), namely new housing (5.4 percent from 1.7 percent in February) and in repair and maintenance (2.1 percent from 1.5 percent in February). On a monthly basis, construction went down 0.7 percent compared to a 1.3 percent drop in February, led by declines in total new work (-0.1 percent) and repair and maintenance (-1.8 percent). Considering the first quarter of the year, construction output rose at a slower 1.8 percent year-on-year, following a 2.8 percent increase in the previous three months. Construction Output in the United Kingdom averaged 1.85 percent from 1997 until 2017, reaching an all time high of 24 percent in March of 2002 and a record low of -19.20 percent in January of 2010.

United Kingdom Construction Output
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-10 09:30 AM Jan 2% 2.6% 0.2% 0.5%
2017-04-07 08:30 AM Feb 0.5% 2.3% 1.9% 1.8%
2017-05-11 08:30 AM Mar 2.4% 0.9% 2.8% 2.5%
2017-06-09 08:30 AM Apr 2.4% 2.86%
2017-07-07 08:30 AM May 2.49%
2017-08-10 08:30 AM Jun 2.36%




United Kingdom Housing Last Previous Highest Lowest Unit
Housing Starts 45340.00 35580.00 69520.00 16420.00 [+]
Construction Output 2.40 0.90 24.00 -19.20 percent [+]
Housing Index 710.90 711.30 719.10 96.10 Index Points [+]
Mortgage Approvals 66.84 67.94 151.80 26.70 Thousand [+]
Mortgage Applications 40750.00 40872.00 93243.00 17096.00 Units [+]
Construction Orders 0.00 5.80 37.40 -43.90 percent [+]
Construction Pmi 53.10 52.20 64.60 27.80 [+]
Home Ownership Rate 63.50 64.40 73.30 63.50 percent [+]


United Kingdom Construction Output Notes

In the United Kingdom, construction output measures the yearly change in the amount charged by construction companies to customers for value of work. The value is based on the sample of 8,000 businesses, employing over 100 people or with an annual turnover of more than £60 million. Construction estimates are a component of GDP from the production approach, contributing approximately 6.4% of GDP. This page provides the latest reported value for - United Kingdom Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Construction Output - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 0.90 24.00 -19.20 1997 - 2017 percent Monthly
SA



construction output by Country

Last
Australia -0.70 Mar/17
Euro Area 3.60 Mar/17
France 5.60 Mar/17
Germany 6.60 Mar/17
India 5.00 Mar/17
Italy 1.60 Feb/17
Mexico 3.79 Mar/17
Netherlands 8.70 Mar/17
Russia -5.00 Mar/17
South Korea 18.00 Mar/17
Spain -5.00 Mar/17
Switzerland -1.40 Mar/17
Turkey 0.50 Dec/16
United Kingdom 2.40 Mar/17