Construction output in the UK increased 7.2 percent year-on-year in September of 2021, the smallest increase in 6 months, but above forecasts of 6.9 percent. Smaller increases were seen for all new work (9.8 percent vs 10.7 percent in August), repair and maintenance (2.9 percent vs 6.9 percent) and new housing (1.6 percent vs 4.4 percent). Monthly construction output grew 1.3 percent in September, the first monthly increase since June 2021 and the largest since March 2021, with the level of output now 1% below its pre-coronavirus pandemic level. Considering the third quarter of 2021, construction activity declined 1.5 percent compared to the second quarter, the first quarterly fall since Quarter 2 2020, after four successive increases. Supply chain issues and rising prices of raw materials such as steel, concrete, timber and glass, along with the difficulty in sourcing these materials for jobs contributed to the overall fall in the quarter. source: Office for National Statistics

Construction Output in the United Kingdom averaged 1.93 percent from 1997 until 2021, reaching an all time high of 81.60 percent in April of 2021 and a record low of -45.70 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 December of 2021.

Construction Output in the United Kingdom is expected to be 5.10 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 3.80 percent in 2022 and 2.50 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United Kingdom Construction Output


Calendar GMT Actual Previous Consensus TEForecast
2021-10-13 06:00 AM Aug 10.1% 13.1% 5.7% 5.1%
2021-11-11 07:00 AM Sep 7.2% 9.3% 6.9% 6.5%
2021-12-10 07:00 AM Oct 7.2% 5.5%


Related Last Previous Unit Reference
Construction Output 7.20 10.10 percent Sep/21
Construction Orders 10.70 134.60 percent Sep/21

News Stream
UK Construction Output Growth Continues to Slow
Construction output in the UK increased 7.2 percent year-on-year in September of 2021, the smallest increase in 6 months, but above forecasts of 6.9 percent. Smaller increases were seen for all new work (9.8 percent vs 10.7 percent in August), repair and maintenance (2.9 percent vs 6.9 percent) and new housing (1.6 percent vs 4.4 percent). Monthly construction output grew 1.3 percent in September, the first monthly increase since June 2021 and the largest since March 2021, with the level of output now 1% below its pre-coronavirus pandemic level. Considering the third quarter of 2021, construction activity declined 1.5 percent compared to the second quarter, the first quarterly fall since Quarter 2 2020, after four successive increases. Supply chain issues and rising prices of raw materials such as steel, concrete, timber and glass, along with the difficulty in sourcing these materials for jobs contributed to the overall fall in the quarter.
2021-11-11
UK Construction Output Growth Slows
Construction output in the UK increased 10.1 percent year-on-year in August of 2021, the smallest increase in 5 months, but well above forecasts of 5.7 percent. Smaller increases were seen for all new work (12 percent vs 15.3 percent), repair and maintenance (6.9 percent vs 9.4 percent) and new housing (5.2 percent vs 12.7 percent). Monthly construction output fell 0.2 percent in August, with the level of output now 1.5% below its pre-coronavirus pandemic level. The recovery to date, since the start of the pandemic, is mixed at a sector level, shown with infrastructure 45.4 percent above and private commercial 26.3 percent below their respective February 2020 levels.
2021-10-13
UK Construction Output Growth Below Forecasts
Construction output in the UK advanced by 8.6 percent year-on-year in July of 2021, after a 30 percent jump in the previous month and missing market expectations of a 10.9 percent rise. New housing rose by 7.8 percent, all new work by 11.1 percent and repair and maintenance by 4.3 percent. On a monthly basis, construction activity fell 1.6 percent, the fourth straight month of decreases and at the fastest pace since last December. This monthly fall means construction output is now 1.8 percent below its pre-pandemic February 2020 level.
2021-09-10

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.