The S&P Global UK Construction PMI rose to 46.4 in January 2026, rebounding from December’s five-and-a-half-year low of 40.1 and exceeding market expectations of 42.0. While this marked the strongest reading since June 2025, the index signaled a continued contraction in construction activity. House building was the weakest-performing segment, although the rate of decline eased to its slowest pace in three months. Civil engineering activity also contracted sharply, while commercial construction showed the smallest decline since May 2025, as some firms cited improved post-Budget clarity and a modest recovery in investment sentiment. Total new orders fell at the slowest rate in three months, suggesting early signs of stabilization, though employment continued to decline at a marked pace. On the cost side, input price inflation accelerated to a four-month high. Business optimism improved to its strongest level since May 2025, but confidence remained well below its long-term average. source: S&P Global

Construction PMI in the United Kingdom increased to 46.40 points in January from 40.10 points in December of 2025. Construction PMI in the United Kingdom averaged 51.28 points from 2008 until 2026, reaching an all time high of 66.30 points in June of 2021 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.

Construction PMI in the United Kingdom increased to 46.40 points in January from 40.10 points in December of 2025. Construction PMI in the United Kingdom is expected to be 47.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Construction PMI is projected to trend around 56.00 points in 2027 and 53.00 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Average House Prices 300077.00 297938.00 GBP Jan 2026
Construction Orders YoY 28.60 30.50 percent Dec 2025
Construction Output YoY -0.30 -0.30 percent Dec 2025
Mortgage Lending 4601.00 4593.00 GBP Million Dec 2025
Home Ownership Rate 64.50 64.70 percent Dec 2023
Halifax House Price Index MoM 0.70 -0.50 percent Jan 2026
Halifax House Price Index YoY 1.00 0.40 percent Jan 2026
Housing Index 517.50 513.80 points Jan 2026
Housing Starts 29620.00 29650.00 units Sep 2025
Mortgage Approvals 61.01 64.07 Thousand Dec 2025
BBA Mortgage Rate 6.62 6.77 percent Jan 2026
Nationwide Housing Prices 540.40 540.80 points Jan 2026
Nationwide Housing Prices MoM 0.30 -0.40 percent Jan 2026
Nationwide Housing Prices YoY 1.00 0.60 percent Jan 2026
Price to Rent Ratio 111.46 111.34 Sep 2025
Private Rental Prices YoY 4.00 4.40 percent Dec 2025
Residential Property Prices 2.96 2.83 Percent Sep 2025
RICS House Price Balance -10.00 -13.00 percent Jan 2026


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. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
UK Construction PMI Rebounds from Multi-Year Low
The S&P Global UK Construction PMI rose to 46.4 in January 2026, rebounding from December’s five-and-a-half-year low of 40.1 and exceeding market expectations of 42.0. While this marked the strongest reading since June 2025, the index signaled a continued contraction in construction activity. House building was the weakest-performing segment, although the rate of decline eased to its slowest pace in three months. Civil engineering activity also contracted sharply, while commercial construction showed the smallest decline since May 2025, as some firms cited improved post-Budget clarity and a modest recovery in investment sentiment. Total new orders fell at the slowest rate in three months, suggesting early signs of stabilization, though employment continued to decline at a marked pace. On the cost side, input price inflation accelerated to a four-month high. Business optimism improved to its strongest level since May 2025, but confidence remained well below its long-term average.
2026-02-05
UK Construction Activity Falls for 12th Straight Month
The S&P Global UK Construction PMI rose to 40.1 in December of 2025 from the over-five-year low of 39.4 in the previous month, but the reading still reflected a full year of monthly contractions for the second-sharpest decline since the Covid pandemic shock to the sector. Companies in the sector cite fragile confidence for clients that resulted in a sharp reduction in new orders to replace completed projects. Surveyees also noted that clients delayed investment decisions due to uncertainty of how the UK's new Budget would alter their sales pipelines. Civil engineering activity fell sharply (32.9 vs 30 in November), while both housing activity (33.5 vs 35.4) and commercial construction (42 vs 43.8) dropped the most since May 2020. Still, over one third of the sector forecasted improved conditions next year, ahead of one fifth that predicted a decline, with firms citing new work in the utilities sector and broad support form lower interest rates.
2026-01-07
UK Construction PMI Lowest in Over 5 Years
The S&P Global UK Construction PMI fell to 39.4 in November 2025 from 44.1 in October, pointing to the steepest downturn in UK construction output for five-and-a-half years, amid challenging market conditions. New orders also decreased to the greatest extent since May 2020. Many construction companies commented on weak client confidence, alongside delayed spending decisions linked to uncertainty ahead of the Budget. Housing activity (35.4), commercial construction (43.8) and civil engineering (30.0) all experienced the fastest downturns in activity for five-and-a-half years. Survey respondents commented on fragile market confidence, delays with the release of new projects and a general lack of incoming new work. Employment also declined at the steepest rate since August 2020 and business optimism was the weakest since December 2022.
2025-12-04