The IHS Markit/CIPS UK Construction PMI jumped to 55.3 in June 2020 from 28.9 in the previous month, easily beating market consensus of 47.0. The latest reading signaled the steepest increase in construction output since July 2018, due to the reopening of the UK construction supply chain following stoppages and business closures due to the coronavirus pandemic. Residential construction work expanded by the most in almost five years, while both commercial work and civil engineering activity also returned to growth. Purchasing activity rose at the fastest rate since December 2015 and new business volumes increased marginally amid ongoing hesitancy among clients and longer lead-times to secure new contracts, while employment continued to fall. Looking ahead, business confidence remained historically subdued, but climbed to its highest since February.

Construction Pmi in the United Kingdom averaged 50.99 points from 2008 until 2020, reaching an all time high of 64.60 points in January of 2014 and a record low of 8.20 points in April of 2020. This page provides the latest reported value for - United Kingdom Construction Pmi - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Construction Pmi - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Markit Economics

Construction Pmi in the United Kingdom is expected to be 49.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Pmi in the United Kingdom to stand at 55.00 in 12 months time. In the long-term, the United Kingdom Construction Pmi is projected to trend around 50.00 points in 2021 and 51.00 points in 2022, according to our econometric models.

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United Kingdom Construction Pmi

Actual Previous Highest Lowest Dates Unit Frequency
55.30 28.90 64.60 8.20 2008 - 2020 points Monthly
NSA


News Stream
UK Construction Output Rises More than Expected in June
The IHS Markit/CIPS UK Construction PMI jumped to 55.3 in June 2020 from 28.9 in the previous month, easily beating market consensus of 47.0. The latest reading signaled the steepest increase in construction output since July 2018, due to the reopening of the UK construction supply chain following stoppages and business closures due to the coronavirus pandemic. Residential construction work expanded by the most in almost five years, while both commercial work and civil engineering activity also returned to growth. Purchasing activity rose at the fastest rate since December 2015 and new business volumes increased marginally amid ongoing hesitancy among clients and longer lead-times to secure new contracts, while employment continued to fall. Looking ahead, business confidence remained historically subdued, but climbed to its highest since February.
2020-07-06
UK Construction Sector Remains in Contraction
The Markit/CIPS UK Construction PMI rose to 28.9 in May 2020 from an all-time low of 8.2 in the previous month. Still, the latest reading pointed to the second-sharpest contraction in the sector since February 2009, reflecting a gradual reopening of construction sites as lockdown measures were eased in England. New orders and employment continued to fall at a sharp pace, while lead times for construction products and materials continued to lengthen at a rapid pace. Looking ahead, business sentiment held close to April's low amid recession worries and fears of postponements to new projects.
2020-06-04
UK Construction Activity Contracts the Most on Record
The IHS Markit/CIPS UK Construction PMI plunged to 8.2 in April 2020 from 39.3 in the previous month and well below market expectations of 22.2. The latest reading pointed to the steepest pace of contraction in the sector since data were first collected in April 1997, led by record declines in house building, commercial activity and civil engineering works, on complete stoppages of activity on site due to the coronavirus pandemic. New business volumes fell the most on record and employment dropped sharply, with employees often placed on furlough until work on site could recommence with social distancing measures. Meanwhile, the latest lengthening of average lead times for the delivery of construction products and materials was by far the steepest since the survey began in April 1997.
2020-05-06
UK Construction Activity Falls the Most in 11 Years
The IHS Markit/CIPS UK Construction PMI slumped to 39.3 in March 2020 from a 14-month high of 52.6 in the previous month and below market consensus of 44.0. The latest reading pointed to the steepest contraction in construction output since April 2009, as measures to contain the spread of Covid-19 led to stoppages of work on site and a slump in new orders. Civil engineering activity saw the steepest rate of decline, followed by commercial building work and residential activity. Overall new business fell the most since August 2019 due to a combination of weaker demand and concerns among clients about the feasibility of starting new projects during the outbreak. In addition, employment dropped the most since September 2010, while reduced capacity and shortages of stock among vendors led to the steepest lengthening of lead-times since October 2014. Looking ahead, business expectations were the weakest since October 2008.
2020-04-06

United Kingdom Construction Pmi
In the United Kingdom, the Markit / Chartered Institute of Purchasing and Supply Purchasing Managers Index measures the performance of the construction sector and is derived from a survey of 170 construction companies.