UK construction companies indicated a sustained increase in business activity during October. However, new projects rose only modestly and firms were the least optimistic regarding growth prospects in nearly six years.
At 53.2 in October, up from 52.1 in September, the seasonally adjusted IHS Markit/CIPS UK Construction Total Activity Index posted its second-highest level in 16 months.
The full IHS Markit/CIPS UK Construction Total Activity Report is attached.
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