The IHS Markit/CIPS UK Construction PMI rose to 54.6 in October 2021, from 52.6 in the previous month and easily beating market expectations of 52.0. The latest reading pointed to an acceleration in business activity growth across the construction sector, although it remained much softer than the 24-year high seen in June amid reports of widespread supply constraints and rapidly increasing purchase prices. source: Markit Economics

Construction PMI in the United Kingdom averaged 51.55 points from 2008 until 2021, 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. United Kingdom Construction PMI - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Construction PMI in the United Kingdom is expected to be 53.80 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 54.50 points in 2022 and 52.90 points in 2023, according to our econometric models.

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United Kingdom Construction PMI


Related Last Previous Unit Reference
Construction PMI 54.60 52.60 points Oct/21

News Stream
UK Construction Output Growth Picks Up in October
The IHS Markit/CIPS UK Construction PMI rose to 54.6 in October 2021, from 52.6 in the previous month and easily beating market expectations of 52.0. The latest reading pointed to an acceleration in business activity growth across the construction sector, although it remained much softer than the 24-year high seen in June amid reports of widespread supply constraints and rapidly increasing purchase prices.
2021-11-04
UK Construction Activity Growth Eases to 8-Month Low
The IHS Markit/CIPS UK Construction PMI declined to 52.6 in September 2021, missing market expectations of 54.0 and moving further away from the 24-year high seen in June. The latest reading signaled only a moderate expansion of total construction output and the weakest speed of recovery for eight months, due to a combination of supply chain issues and softer demand. The biggest slowdown was seen in civil engineering, while house building grew the less since June 2020. Total new work increased the least since the start of 2021 and the rise in staffing levels was the least marked since April. On the price front, purchase prices increased rapidly, although at a slower pace. Finally, business sentiment weakened in September amid some concerns that the supply chain crisis will hinder growth.
2021-10-06
UK Construction Activity Growth Slows to 6-Month Low
The IHS Markit/CIPS UK Construction PMI dropped to 55.2 in August 2021, from 58.7 in the previous month and below market expectations of 56.9. The latest reading pointed to the softest pace of expansion in the sector since February as restricted supply of materials and transport began to weigh on overall activity. Commercial work was the best performing broad category of construction output in August, even as growth eased to a six-month low, followed by housebuilding and civil engineering. Total new work rose the least since March, while the pace of job creation slowed to a four-month low as additional cost burdens and a lack of skilled workers began to weigh on the rate of hiring. On the price front, input cost inflation accelerated to the second-fastest rate in the 24-year history of the survey. Looking ahead, construction companies remained highly upbeat about their growth prospects over the coming 12 months.
2021-09-06

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.