Construction output in the United Kingdom grew 3.8 percent year-on-year in October 2018, following a 3.0 percent gain in September and beating market expectations of a 3.2 percent rise. It is the strongest growth in construction output since December, as all new work advanced faster (5.1 percent vs 3.4 percent) amid solid rises in new private housing (10.6 percent vs 10.0 percent) and infrastructure (8.5 percent vs 10.7 percent). Meanwhile, all repair and maintenance rose 1.4 percent, the least since April, compared to a 2.4 percent gain in September. On a monthly basis, construction output fell 0.2 percent, after increasing 1.7 percent in September. Construction Output in the United Kingdom averaged 2.15 percent from 1997 until 2018, reaching an all time high of 24 percent in March of 2002 and a record low of -19.20 percent in January of 2010.

Construction Output in the United Kingdom is expected to be 1.70 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 2.40 in 12 months time. In the long-term, the United Kingdom Construction Output is projected to trend around 2.20 percent in 2020, according to our econometric models.

United Kingdom Construction Output
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-10 08:30 AM Construction Output YoY 3.5% 2.2% 2.6% 1.1%
2018-10-10 08:30 AM Construction Output YoY 0.3% 2.8% 1.4% 2.1%
2018-11-09 09:30 AM Construction Output YoY 3% 0.5% 1.1% 1.9%
2018-12-10 09:30 AM Construction Output YoY 3.8% 3% 3.2% 3.6%
2019-01-11 09:30 AM Construction Output YoY 3.8%
2019-02-08 09:30 AM Construction Output YoY 1.70%
2019-03-08 09:30 AM Construction Output YoY


United Kingdom Housing Last Previous Highest Lowest Unit
Housing Starts 41190.00 39890.00 69520.00 16420.00 units [+]
Construction Output 3.80 3.00 24.00 -19.20 percent [+]
Housing Index 726.90 736.90 743.70 96.10 Index Points [+]
Mortgage Approvals 67.09 65.73 151.80 26.30 Thousand [+]
Mortgage Applications 39697.00 38712.00 93542.00 17158.00 Units [+]
Construction Pmi 53.40 53.20 64.60 27.80 [+]
Construction Orders -30.70 -7.70 37.40 -43.90 percent [+]
Home Ownership Rate 63.40 63.50 73.30 63.40 percent [+]


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. 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.00 24.00 -19.20 1997 - 2018 percent Monthly
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Country Last Previous
Argentina -4.20 Sep/18
Australia -2.80 Sep/18
Euro Area 4.60 Sep/18
France -2.80 Oct/18
Germany 5.00 Oct/18
India 4.80 Oct/18
Italy 0.60 Aug/18
Mexico 1.40 Oct/18
Netherlands 7.40 Sep/18
Russia 0.10 Sep/18
South Korea -3.50 Oct/18
Spain 6.10 Sep/18
Switzerland -0.30 Sep/18
United Kingdom 3.80 Oct/18


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