The S&P Global/CIPS UK Construction PMI fell to 52.6 in June of 2022 from 56.4 in May, pointing to the slowest growth in construction activity since September last year, with house building being the weakest-performing area. New orders rose the least since October while employment increased robustly. Suppliers' delivery times lengthened again, but the downturn in performance remained less marked. Staff shortages and a lack of transport availability were the most commonly cited reasons for longer wait times for construction products and materials. Meanwhile, cost inflation was slightly faster than in May, albeit still below a record high seen in June 2021. Higher prices paid mostly reflected rising energy, fuel and transportation costs. Finally, business expectations for the year ahead fell to the lowest since July 2020, reflecting worries about the near-term economic outlook. source: Markit Economics

Construction PMI in the United Kingdom averaged 51.78 points from 2008 until 2022, 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 2022.

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 52.90 points in 2023 and 53.70 points in 2024, according to our econometric models.

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United Kingdom Construction PMI



Related Last Previous Unit Reference
Construction PMI 52.60 56.40 points Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
52.60 56.40 66.30 8.20 2008 - 2022 points Monthly
NSA

News Stream
UK Construction Activity Continues to Slow
The S&P Global/CIPS UK Construction PMI fell to 52.6 in June of 2022 from 56.4 in May, pointing to the slowest growth in construction activity since September last year, with house building being the weakest-performing area. New orders rose the least since October while employment increased robustly. Suppliers' delivery times lengthened again, but the downturn in performance remained less marked. Staff shortages and a lack of transport availability were the most commonly cited reasons for longer wait times for construction products and materials. Meanwhile, cost inflation was slightly faster than in May, albeit still below a record high seen in June 2021. Higher prices paid mostly reflected rising energy, fuel and transportation costs. Finally, business expectations for the year ahead fell to the lowest since July 2020, reflecting worries about the near-term economic outlook.
2022-07-06
UK Construction Growth Slows Further
The S&P Global/CIPS UK Construction PMI fell to a four-month low of 56.4 in May of 2022 from 58.2 in the prior month, but still pointing to the 16th consecutive period of growth in the construction sector. The deceleration was marked by a loss of momentum in the residential building category, dragging housing activity to its weakest in two years. Commercial building eased to a lesser extent, remaining close to last month’s strong levels as constructors noted robust demand, despite hesitancy by clients amid the uncertain economic outlook. On the other hand, new work orders and job creation continued to expand, sustaining the increase for civil engineering activity. Still, cost inflation maintained its upward trend, with respondents citing increased prices for fuel, energy, and raw materials. Looking forward, business confidence was seen lower due to muted consumer confidence, rising borrowing costs, and heightened economic uncertainty.
2022-06-08
UK Construction Growth Slows Slightly
The S&P Global/CIPS UK Construction PMI fell to a three-month low of 58.2 in April of 2022 from 59.1 in March, but still pointed to strong growth in the construction sector. New order volumes expanded the least in four months as escalating raw material prices and, in some cases, hesitancy due to higher borrowing costs and geopolitical uncertainty were reported as headwinds to demand. At the same time, supply chain delays were attributed to shortages of staff, materials and transport, exacerbated by delays at ports and the war in Ukraine. Average costs also increased sharply due to high energy, fuel and raw materials cost. On the other hand, job growth hit a three-month high. Meanwhile, growth projections eased to lowest since September 2020.
2022-05-06