United Kingdom Construction Output  Forecast


Construction Output in the United Kingdom is expected to be 1.20 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 1.40 in 12 months time. In the long-term, the United Kingdom Construction Output is projected to trend around 1.80 percent in 2020, according to our econometric models.


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United Kingdom Housing Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Housing Starts 42480 36210 41050 43110 41740 44750
Construction Output 3.5 1.2 1.7 1.5 1.4 1.8
Housing Index 729 742 751 763 774 890
Mortgage Approvals 66.58 67.2 68.6 69.4 72.5 97.6
Mortgage Applications 41807 42900 43300 44600 45800 52600
Construction Orders -12.6 2.2 2.6 2.9 2.5 1.4
Home Ownership Rate 63.5 63 64.48 63.1 63.1 61.5
Construction Pmi 48.1 52.5 53.6 53.7 53.2 52.4