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UK January construction PMI 48.4 vs 48.8 prior

UK January construction PMI 48.4 vs 48.8 prior
  • Prior 48.8

UK's construction output declined to its weakest since May 2020, led by a sharp drop in house building as new orders and employment also continued to show signs of further weakening. The drop reflects subdued demand conditions as high prices and economic headwinds continue to take a toll on activity. S&P Global notes that:

"A sharp and accelerated decline in house building activity led to... Read More

Posted: Feb 6 2023, 09:30
Author Name: forexlive
Views: 111529

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