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UK Construction PMI (Apr) $GBP Actual: 51.1 Expected: 51.0 Previous: 50.7

UK Construction PMI (Apr) $GBP  Actual: 51.1  Expected: 51.0 Previous: 50.7
FULL STORYActivity in Britain's construction sector increased in April but growth was lopsided, with residential house-building suffering its steepest decline since May 2020, weighed down by weaker demand and higher mortgage rates, a survey showed on Friday.UK Construction PMI (Apr) $GBP Actual: 51.1 Expected: 51.0 Previous: 50.7Tim Moore, economics director at S&P Global Market Intelligence, said cutbacks in new house-building projects continued to weigh on construction output. "While there h... Read More
Posted: May 5 2023, 08:31
Author Name: forexlive
Views: 102524

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