The IHS Markit/CIPS UK Construction PMI plunged to 43.1 in June 2019 from 48.6 in the previous month and well below market expectations of 49.3. The latest reading pointed to the steepest contraction in the construction sector since April 2009, amid heightened political and economic uncertainty. House building dropped the most in three years amid weaker demand conditions and concerns about the outlook for residential sales. In addition, commercial building projects recorded the steepest fall since December 2009 due to Brexit uncertainty and subsequent delays to project starts, while civil engineering activity shrank the most since October 2009. Total new work received by UK construction companies decreased the most for just over 10 years, while demand for construction products and materials fell at the sharpest pace since January 2010. Construction Pmi in the United Kingdom is reported by Markit Economics.

Construction Pmi in the United Kingdom is expected to be 51.20 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 53.70 in 12 months time. In the long-term, the United Kingdom Construction Pmi is projected to trend around 53.60 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 38290.00 35660.00 69520.00 16420.00 units [+]
Construction Output 1.70 3.10 24.00 -19.20 percent [+]
Housing Index 767.40 769.30 769.30 96.10 Index Points [+]
Mortgage Approvals 65.41 66.05 151.80 26.35 Thousand [+]
Nationwide Housing Prices 431.92 428.79 432.91 98.95 Index Points [+]
Mortgage Applications 42384.00 42898.00 92431.00 17275.00 Units [+]
Construction Pmi 43.10 48.60 64.60 27.80 [+]
Construction Orders 6.60 -10.30 37.40 -43.90 percent [+]
Home Loans 3102.00 4093.00 10264.00 -316.00 GBP Million [+]
Home Ownership Rate 65.00 63.40 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
43.10 48.60 64.60 27.80 2008 - 2019 Monthly
NSA




Country Last Previous
Australia 43.00 Jun/19
Euro Area 50.80 Jun/19
France 51.80 Jun/19
Germany 50.00 Jun/19
Italy 50.70 Jun/19
United Kingdom 43.10 Jun/19


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