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. source: Markit Economics

Construction PMI in the United Kingdom averaged 51.53 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 September 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. 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
55.20 58.70 66.30 8.20 2008 - 2021 points Monthly
NSA


News Stream
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
UK Construction Output Growth Slows to 5-Month Low
The IHS Markit/CIPS UK Construction PMI fell to 58.7 in July 2021, from an all-time high of 66.3 in the previous month and below market expectations of 64.0. The latest reading signaled the slowest overall increase in construction output since February, amid difficulties in keeping pace with the recent surge in demand for construction projects, especially due to raw material supply shortages and shrinking sub-contractor availability. House building was the best-performing category in July, followed closely by commercial building. Total order books rose the least since March and employment continued to rise at a solid pace, amid reports of longer wait times for supplier deliveries. On the price front, a rapid pace of input cost inflation continued in July. Finally, business confidence eased to a six-month low, but remained strong overall.
2021-08-05
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

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.