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UK September construction PMI 45.0 vs 49.9 expected

UK September construction PMI 45.0 vs 49.9 expected
Prior 50.8The downturn in September is led by a slump in house building as output also saw its steepest decline since May 2020. Adding to that, new orders also suffered its fastest pace of decline in over three years. S&P Global notes that:"Output levels declined across the UK construction sector for the first time in three months during September and the latest downturn marked the worst overall performance since the early stages of the pandemic. "A rapid decline in house building activity acted... Read More
Posted: Oct 5 2023, 08:30
Author Name: forexlive
Views: 112565

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