Construction output in the UK rose 6 percent year-on-year in March of 2021, the first increase since December of 2019 and beating market forecasts of 0.1 percent. England began easing coronavirus lockdown from March 8th. A rebound was seen for new housing (8.2 percent vs -4.3 percent) and new work (3.2 percent vs -6.7 percent) and repair and maintenance surged 11.1 percent (vs 3.2 percent). Construction output in March 2021 was 2.4% above the February 2020 pre-pandemic level. source: Office for National Statistics

Construction Output in the United Kingdom averaged 1.31 percent from 1997 until 2021, reaching an all time high of 24 percent in March of 2002 and a record low of -45.40 percent in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Construction Output in the United Kingdom is expected to be 36.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in the United Kingdom to stand at 4.30 in 12 months time. In the long-term, the United Kingdom Construction Output is projected to trend around 3.80 percent in 2022 and 2.50 percent in 2023, according to our econometric models.

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United Kingdom Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
6.00 -3.30 24.00 -45.40 1997 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-12 07:00 AM Dec -3.9% -2% -0.2% -0.6%
2021-03-12 07:00 AM Jan -3% -3.9% -4.8% -4.8%
2021-04-13 06:00 AM Feb -4.3% -6.5% -1.9% -2.3%
2021-05-12 06:00 AM Mar 6% -3.3% 0.1% 1.5%
2021-06-11 06:00 AM Apr 6% 80%
2021-07-09 06:00 AM May 64%
2021-08-12 06:00 AM Jun 36%
2021-09-10 06:00 AM Jul


News Stream
UK Construction Output Rises for 1st Time since 2019
Construction output in the UK rose 6 percent year-on-year in March of 2021, the first increase since December of 2019 and beating market forecasts of 0.1 percent. England began easing coronavirus lockdown from March 8th. A rebound was seen for new housing (8.2 percent vs -4.3 percent) and new work (3.2 percent vs -6.7 percent) and repair and maintenance surged 11.1 percent (vs 3.2 percent). Construction output in March 2021 was 2.4% above the February 2020 pre-pandemic level.
2021-05-12
UK Construction Output Falls at Faster Pace
Construction output in the UK fell 4.3 percent year-on-year in February of 2021, following an upwardly revised 6.5 percent plunge in January and compared to market forecasts of a smaller 1.9 percent drop. Decreases were seen in new housing (-6.2 percent vs -14.2 percent) and new work (-7.8 percent vs -12.1 percent) while repair and maintenance (2.2 percent vs 4.8 percent) increased. Month-over-month, construction output jumped 1.6 percent because of a 1.5 percent increase in new work and 1.9 percent increase in repair and maintenance.
2021-04-13
UK Construction Output Falls Less than Expected
Construction output in the UK fell 3 percent year-on-year in January of 2021, following a 3.9 percent slump in December and compared to forecasts of a 4.8 percent plunge. New housing went down 10.3 percent (vs -9.1 percent in December) and new work decreased 9.2 percent (vs -9.4 percent) while repair and maintenance increased 9.5 percent (vs 6.9 percent).
2021-03-12
UK Construction Output Continues to Fall
Construction output in the UK fell 3.9 percent year-on-year in December of 2020, following an upwardly revised 2 percent drop in November and compared to forecasts of a 0.2 percent decrease. New housing went down 9.1 percent (vs -8.1 percent in November) and new work went down 9.4 percent (vs -6.8 percent) while repair and maintenance increased 6.9 percent (vs 7.2 percent). Considering full 2020, construction output contracted 12.5 percent, the largest decrease since 2009 and following a 1.8 percent rise in 2019.
2021-02-12

United Kingdom Construction Output
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.