The IHS Markit/CIPS UK Construction PMI plunged to 8.2 in April 2020 from 39.3 in the previous month and well below market expectations of 22.2. The latest reading pointed to the steepest pace of contraction in the sector since data were first collected in April 1997, led by record declines in house building, commercial activity and civil engineering works, on complete stoppages of activity on site due to the coronavirus pandemic. New business volumes fell the most on record and employment dropped sharply, with employees often placed on furlough until work on site could recommence with social distancing measures. Meanwhile, the latest lengthening of average lead times for the delivery of construction products and materials was by far the steepest since the survey began in April 1997.

Construction Pmi in the United Kingdom averaged 51.11 points from 2008 until 2020, reaching an all time high of 64.60 points in January of 2014 and a record low of 8.20 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Markit Economics

Construction Pmi in the United Kingdom is expected to be 38.00 points 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 47.00 in 12 months time. In the long-term, the United Kingdom Construction Pmi is projected to trend around 50.00 points in 2021 and 51.00 points in 2022, according to our econometric models.

Ok
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United Kingdom Construction Pmi

Actual Previous Highest Lowest Dates Unit Frequency
8.20 39.30 64.60 8.20 2008 - 2020 points Monthly
NSA


News Stream
UK Construction Activity Contracts the Most on Record
The IHS Markit/CIPS UK Construction PMI plunged to 8.2 in April 2020 from 39.3 in the previous month and well below market expectations of 22.2. The latest reading pointed to the steepest pace of contraction in the sector since data were first collected in April 1997, led by record declines in house building, commercial activity and civil engineering works, on complete stoppages of activity on site due to the coronavirus pandemic. New business volumes fell the most on record and employment dropped sharply, with employees often placed on furlough until work on site could recommence with social distancing measures. Meanwhile, the latest lengthening of average lead times for the delivery of construction products and materials was by far the steepest since the survey began in April 1997.
2020-05-06
UK Construction Activity Falls the Most in 11 Years
The IHS Markit/CIPS UK Construction PMI slumped to 39.3 in March 2020 from a 14-month high of 52.6 in the previous month and below market consensus of 44.0. The latest reading pointed to the steepest contraction in construction output since April 2009, as measures to contain the spread of Covid-19 led to stoppages of work on site and a slump in new orders. Civil engineering activity saw the steepest rate of decline, followed by commercial building work and residential activity. Overall new business fell the most since August 2019 due to a combination of weaker demand and concerns among clients about the feasibility of starting new projects during the outbreak. In addition, employment dropped the most since September 2010, while reduced capacity and shortages of stock among vendors led to the steepest lengthening of lead-times since October 2014. Looking ahead, business expectations were the weakest since October 2008.
2020-04-06
UK Construction Output Growth Hits 14-Month High
The IHS Markit/CIPS UK Construction PMI rose to 52.6 in February 2020 from 48.4 in the previous month, easily beating market expectations of 48.8. The latest reading pointed to the steepest pace of expansion in the construction sector since December 2018, as house building activity increased by the most since July 2018 and commercial work output grew for the first time since November 2018. Meanwhile, civil engineering activity fell for a 13th consecutive month. Overall new orders rose the most in just over four years on greater tender opportunities and the release of spending that had been delayed in the run up to Brexit. Employment stabilised and demand for sub-contractors picked up for the second month running and to the greatest extent since December 2018. On the price front, input cost inflation eased from January. Looking ahead, business optimism weakened, but remained much stronger than seen in the second half of 2019.
2020-03-03
UK Construction Sector Contracts Less than Forecast
The IHS Markit UK Construction PMI rose to 48.4 in January 2020 from 44.4 in the previous month, well above market expectations of 46.6. The latest reading signalled the weakest pace of contraction in the sector since last May due to reduced domestic political uncertainty. Home building and commercial activity both declined at a softer rates, while civil engineering works continued to drop sharply. Overall new business fell the least for 10 months and a modest degree of pressure on supply chain capacity was recorded, with lead-times from vendors lengthening slightly despite a drop in purchasing volumes. On the price front, average cost burdens rose the most since July amid higher fuel and haulage costs, alongside increased prices for imported construction inputs. Looking ahead, business optimism hit the strongest level since April 2018, with firms saying that clients' willingness to spend picked up after the general election.
2020-02-04

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.