Construction output in the UK increased by 4.1 percent year-on-year in June of 2022, following an upwardly revised 4.9 percent gain in the previous month and beating market expectations of 3.3 percent. All new work activity slowed (2.8 percent vs 5.1 percent in May), amid moderation in new housing (7.9 percent vs 10.8 percent). Meantime, all repair and maintenance accelerated increased (6.4 percent vs 4.5 percent). On a monthly basis, construction activity declined 1.4 percent in June, the first drop in eight months, after an upwardly revised 1.8 percent gain in May. source: Office for National Statistics

Construction Output in the United Kingdom averaged 1.99 percent from 1997 until 2022, reaching an all time high of 80 percent in April of 2021 and a record low of -46 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 August of 2022.

Construction Output in the United Kingdom is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Construction Output is projected to trend around 4.20 percent in 2023 and 2.50 percent in 2024, according to our econometric models.

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United Kingdom Construction Output



Calendar GMT Actual Previous Consensus TEForecast
2022-07-13 06:00 AM May 4.8% 3.1% 4.4% 2.5%
2022-08-12 06:00 AM Jun 4.1% 4.9% 3.3% 2.7%
2022-09-12 06:00 AM Jul 4.1%


Related Last Previous Unit Reference
Construction Output 4.10 4.90 percent Jun 2022
Construction Orders -12.10 13.90 percent Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
4.10 4.90 80.00 -46.00 1997 - 2022 percent Monthly
SA

News Stream
UK June Construction Output Slows Slightly
Construction output in the UK increased by 4.1 percent year-on-year in June of 2022, following an upwardly revised 4.9 percent gain in the previous month and beating market expectations of 3.3 percent. All new work activity slowed (2.8 percent vs 5.1 percent in May), amid moderation in new housing (7.9 percent vs 10.8 percent). Meantime, all repair and maintenance accelerated increased (6.4 percent vs 4.5 percent). On a monthly basis, construction activity declined 1.4 percent in June, the first drop in eight months, after an upwardly revised 1.8 percent gain in May.
2022-08-12
UK Construction Output Rises More than Expected
Construction output in the UK surged by 4.8 percent year-on-year in May of 2022, following a downwardly revised 3.1 percent advance in the previous month and better than market expectations of 4.4 percent. It was the fastest growth in construction activity since February, as all new work picked up (5.3 percent vs 2.3 percent in April), boosted by new housing (10 percent vs 5.3 percent). All repair and maintenance also increased (3.9 percent vs 4.5 percent). On a monthly basis, construction activity went up 1.5 percent, after a revised 0.3 percent increase in the prior month and well above market forecasts of a 0.2 percent rise.
2022-07-13
UK Construction Output Rises the Least in 6 Months
Construction output in the UK rose by 3.9 percent year-on-year in April of 2022, easing from a 4.7 percent advance in the previous month and compared with market expectations of 2.8 percent. The latest figure marked the softest growth in construction activity since October 2021, with repair and maintenance growing the least in 14 months (3.0 percent (vs 5.5 percent in March). Meantime, all new work went up further (4.4 percent vs 4.3 percent), amid a sharp pickup in new housing (6.2 percent vs 0.7 percent). On a monthly basis, construction activity fell 0.4 percent, the first drop in six months, and after a 1.7 percent gain in March.
2022-06-13