At 52.3 in September, up from 49.2 in August, the headline seasonally adjusted S&P Global / CIPS UK Construction Purchasing Managers’ Index® (PMI®) which measures month-on-month changes in total industry activity registered above the 50.0 no change value for the first time since June. The latest reading was the highest for three months and signalled a modest overall increase in construction output. Survey respondents commented on a boost to activity from work on previously delayed projects.
The full S&P Global/CIPS UK Construction Total Activity Report is attached.
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