The IHS Markit/CIPS UK Construction PMI rose to 53.2 in October 2018 from a six-month low of 52.1 in the previous month and well above market expectations of 52.0. It was the second-highest reading in 16 months driven by the strongest growth in civil engineering since July 2017. Meanwhile, house building and commercial construction both increased at solid rates in October, albeit the weakest in seven and five months respectively. Still, new orders rose the least in five months and business expectations fell to a near six-year low amid uncertainty related to Brexit, while employment growth remained strong. On the price front, input cost inflation eased to a 27-month low. Construction Pmi in the United Kingdom is reported by Markit Economics.

Construction Pmi in the United Kingdom is expected to be 53.80 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 53.20 in 12 months time. In the long-term, the United Kingdom Construction Pmi is projected to trend around 52.90 in 2020, according to our econometric models.

United Kingdom Construction Pmi
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United Kingdom Housing Last Previous Highest Lowest Unit
Housing Starts 41190.00 39890.00 69520.00 16420.00 units [+]
Construction Output 3.00 0.50 24.00 -19.20 percent [+]
Housing Index 737.50 732.20 743.70 96.10 Index Points [+]
Mortgage Approvals 65.27 66.10 151.80 26.27 Thousand [+]
Mortgage Applications 38505.00 39241.00 92480.00 17241.00 Units [+]
Construction Pmi 53.20 52.10 64.60 27.80 [+]
Construction Orders -7.40 -6.90 37.40 -43.90 percent [+]
Home Ownership Rate 63.40 63.50 73.30 63.40 percent [+]


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 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 - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
53.20 52.10 64.60 27.80 2008 - 2018 Monthly
NSA




Country Last
Australia 46.40 Oct/18
Euro Area 52.20 Oct/18
France 52.20 Oct/18
Germany 49.80 Oct/18
Italy 55.90 Oct/18
United Kingdom 53.20 Oct/18


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