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UK Construction PMI – August 2015

UK construction sector picks up slightly in August, led by fastest rise in commercial work for five months

UK construction companies remained in recovery mode during August, with business activity and employment levels both expanding at a strong pace. There were also some encouraging signs that strains on raw material availability have started to subside, as highlighted by the slowest deterioration in vendor performance for just over three years in August. Survey respondents noted that rising levels of supplier capacity, alongside lower fuel and energy costs, had helped restrain overall input price inflation in August.

The headline seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index® (PMI®) registered 57.3 in August, up from 57.1 in July and well above the neutral 50.0 threshold.

The full Markit/CIPS UK Construction PMI® Report is attached.

Sarah McCann-Bartlett
Director General

Tel:  020 7747 8127
Mobile:  07515 574 551