The IHS Markit/CIPS UK Construction PMI rose to 66.3 in June 2021, signaling the strongest rate of output growth since June 1997 following the reopening of the UK economy. House building activity increased at the fastest pace since November 2003 and commercial work output rose the most since March 1998. In addition, civil engineering activity growth remained strong overall. Total new orders increased for a 13th consecutive month, although the latest expansion was slower than May's survey-record high, while the pace of job creation remained among the fastest seen over the past seven years and suppliers' delivery times lengthened to the greatest extent since the survey began. On the price front, purchasing prices rose at record pace on the back of severe shortages of construction products and materials. Looking ahead, business confidence eased to its lowest since January, in part reflecting concerns about labor availability and the sustainability of the recent surge in demand. source: Markit Economics

Construction PMI in the United Kingdom averaged 51.46 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 July of 2021.

Construction PMI in the United Kingdom is expected to be 54.90 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 54.20 in 12 months time. 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

Actual Previous Highest Lowest Dates Unit Frequency
66.30 64.20 66.30 8.20 2008 - 2021 points Monthly
NSA


News Stream
UK Construction Output Growth Hits 24-Year High
The IHS Markit/CIPS UK Construction PMI rose to 66.3 in June 2021, signaling the strongest rate of output growth since June 1997 following the reopening of the UK economy. House building activity increased at the fastest pace since November 2003 and commercial work output rose the most since March 1998. In addition, civil engineering activity growth remained strong overall. Total new orders increased for a 13th consecutive month, although the latest expansion was slower than May's survey-record high, while the pace of job creation remained among the fastest seen over the past seven years and suppliers' delivery times lengthened to the greatest extent since the survey began. On the price front, purchasing prices rose at record pace on the back of severe shortages of construction products and materials. Looking ahead, business confidence eased to its lowest since January, in part reflecting concerns about labor availability and the sustainability of the recent surge in demand.
2021-07-06
UK Construction Output Growth at Near 7-Year High
The IHS Markit/CIPS UK Construction PMI rose to 64.2 in May 2021, easily beating market expectations of 62.3 and signaling the strongest rate of output growth since September 2014. House building was the best-performing category of construction activity in May, followed by commercial work , which grew at the steepest rate since August 2007. Civil engineering activity also increased sharply, although the pace of expansion eased slightly since the previous month. Overall new order volumes increased the most since the survey began just over 24 years ago and the rate of job creation was the fastest since July 2014. On the price front, input cost inflation hit an all-time high. Finally, construction companies remained highly upbeat about their growth prospects for the next 12 months.
2021-06-04
UK Construction Output Growth Remains Strong
The IHS Markit/CIPS UK Construction PMI stood at 61.6 in April 2021, little-changed from the previous month's six-and-a-half year peak of 61.7 and below market expectations of 62.3. Still, the latest reading signaled a strong pace of expansion in the construction sector, with commercial work, civil engineering and house building all growing at solid rates. Total new work increased for the 11th consecutive month and at the fastest rate for just over six-and-a-half years, while the pace of job creation was the steepest since December 2015. Input buying expanded at the fastest pace since September 2014, while the latest lengthening of suppliers' delivery times was the third-greatest since the survey began in 1997. On the price front, input cost inflation jumped to an all-time high. Looking ahead, construction companies remained highly upbeat about their growth prospects in April.
2021-05-07
UK Construction Output Expands Most Since 2014
The IHS Markit/CIPS UK Construction PMI jumped to 61.7 in March 2021, from 53.3 in the previous month and well above market expectations of 54.6. The latest reading signaled the strongest rate of construction output growth since September 2014, with housebuilding rising the most since July 2020 and both commercial construction and civil engineering expanding the most since the second half of 2014. New order growth accelerated to its fastest since September 2014 and the rate of job creation was the strongest for over two years. In addition, the latest upturn in input buying was the steepest since November 2020. On the price front, purchasing price inflation was the highest since August 2008. Looking ahead, business expectations were at the highest level since June 2015, reflecting confidence in the UK economic outlook, the improving pandemic situation and pent up demand.
2021-04-08

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.