The IHS Markit/CIPS UK Construction PMI dropped to 49.5 in February 2019 from 50.6 in the previous month and well below market expectations of 50.3. The latest reading pointed to first contraction since the snow disruptions seen in March 2018 as commercial building and civil engineering activity was reduced and residential work growth was only modest. Overall new work received by construction firms rose the least since May 2018 on the back of Brexit uncertainty and input buying fell for the first time since September 2017, while job creation remained subdued and business optimism eased to a four-month low as delays to client decision-making had slowed progress of new project starts. On a more positive note, input price inflation held close to January's two-and-a-half year low. Construction Pmi in the United Kingdom is reported by Markit Economics.

Construction Pmi in the United Kingdom is expected to be 49.10 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Pmi in the United Kingdom to stand at 52.60 in 12 months time. In the long-term, the United Kingdom Construction Pmi is projected to trend around 53.60 in 2020, according to our econometric models.

United Kingdom Construction Pmi
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United Kingdom Housing Last Previous Highest Lowest Unit
Housing Starts 46930.00 41950.00 69520.00 16420.00 units [+]
Construction Output 1.80 -2.40 24.00 -19.20 percent [+]
Housing Index 766.40 723.80 766.40 96.10 Index Points [+]
Mortgage Approvals 66.77 64.47 151.80 26.30 Thousand [+]
Mortgage Applications 40634.00 39350.00 93589.00 17157.00 Units [+]
Construction Pmi 49.50 50.60 64.60 27.80 [+]
Construction Orders -10.50 -31.40 37.40 -43.90 percent [+]
Home Ownership Rate 65.00 63.40 73.30 63.40 percent [+]


United Kingdom Construction Pmi

In the United Kingdom, the Markit / Chartered Institute of Purchasing and Supply Purchasing Managers Index measures the performance of the construction sector and is derived from a survey of 170 construction companies. This page provides the latest reported value for - United Kingdom Construction Pmi - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Construction Pmi - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.50 50.60 64.60 27.80 2008 - 2019 Monthly
NSA




Country Last Previous
Australia 43.80 Feb/19
Euro Area 52.60 Feb/19
France 51.30 Feb/19
Germany 54.70 Feb/19
Italy 50.70 Feb/19
United Kingdom 49.50 Feb/19


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