The IHS Markit/CIPS UK Construction PMI rose to 50.5 in April 2019 from 49.7 in the previous month and above market expectations of 50.3. The latest reading pointed to a marginal expansion of construction output, driven by the fastest rise in house building so far in 2019, while commercial work and civil engineering activity continued to decline. However, new orders fell the most since March 2018 and employment contracted for the first time in more than two-and-a-half years, amid political uncertainty, softer UK economic growth projections and subdued demand for new commercial projects. On the price front, the rate of input price inflation accelerated for the third month running and was the fastest since November 2018, while rates charged by sub-contractors also increased at faster pace. Looking ahead, business sentiment fell to six-month low. Construction Pmi in the United Kingdom is reported by Markit Economics.

Construction Pmi in the United Kingdom is expected to be 50.60 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 53.40 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 35660.00 46930.00 69520.00 16420.00 units [+]
Construction Output 3.20 3.20 24.00 -19.20 percent [+]
Housing Index 765.82 757.32 766.90 96.10 Index Points [+]
Mortgage Approvals 62.34 65.34 151.80 26.33 Thousand [+]
Mortgage Applications 39980.00 39207.00 92331.00 17562.00 Units [+]
Construction Pmi 50.50 49.70 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.50 49.70 64.60 27.80 2008 - 2019 Monthly
NSA




Country Last Previous
Australia 42.60 Apr/19
Euro Area 52.10 Apr/19
France 50.80 Apr/19
Germany 53.00 Apr/19
Italy 52.50 Apr/19
United Kingdom 50.50 Apr/19


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